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

To: TobagoJack who wrote (41209)	11/10/2003 6:49:41 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

60% of China's exports are products of multinational corporations located there. China exported USD300billion in 2002 – 60% of this is USD180billion. China is concentrating factory capacity due to competitive salaries. This salaries' competitiveness, may last 10 years into the future until they start rising and leveing off with the countries in the region. China is threat to Thailand, Vietnam, Malaysia, Singapore. The US will continue as it has always been: Having its consumers subsidized by cheaper workers elsewhere. I tell my friends that I always have to make much more money than an American. They dont understand that eveything is the US is cheap, cheap.