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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (7478)2/9/2004 6:30:56 PM
From: BubbaFred  Respond to of 110194
 
They can go up by 10%-15% and still cost lower than the competitors. The quality, reliability, and diversification of the goods become important factor. Yugos stopped selling here because of quality and safety records. Sony is still top notch selling product because of the quality, and likewise with Hondas, Toyotas, Nissan.



To: Jim Willie CB who wrote (7478)2/9/2004 6:55:20 PM
From: RealMuLan  Read Replies (2) | Respond to of 110194
 
eliminating the tax break for foreign-invested companies also help to slow things down in China

"Deputy Finance Minister Lou Jiwei said by the time the plan was fully implemented in two years or so, the new tax rate for all foreign and domestic companies would be between 24per cent and 28per cent.
...
Now, all companies are required to pay 33per cent tax on their profits. But tax breaks designed to lure foreign investment into specific industries or regions have meant foreign companies often need to pay only 20per cent or, in some cases, nothing."
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