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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: BubbaFred who wrote (38496)9/20/2003 8:25:15 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi BubbaFred, 20 years down the road, when 50% of foreign invested factories in China are owned by the Japanese, 30% by the Koreans, 15% by the Europeans, 3% by India/Australia/S.Africa, and 2% by the US, and when Taiwan is fully integrated with China, and when Germany starts a fifth BMW plant in Guangzhou Province, and when Chinese parliament is discussing revoking the US' most-favored nation status, there may be a debate in Congress on the subject of <<‘who lost China?’>>.

Thus my advice that the US should encourage its companies to set up businesses in China, and integrate China into the scheme as a source and as a market.

Right now, the Japanese, Koreans, Taiwanese, Europeans are already way ahead in this process.

Chugs, Jay