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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (2158)3/16/2004 8:11:00 PM
From: RealMuLan  Read Replies (2) | Respond to of 116555
 
>>China will purchase an entire land region with heavy ngas<<

Is any one up for sale<g>?



To: Jim Willie CB who wrote (2158)3/17/2004 3:08:22 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
>>yes, WalMart prices might be slowly rising, agreed
but only insofaras China is hiking their prices<<

take car for example:
"Component manufacturers witnessed material costs rise yet can't pass along the cost to carmakers. "

Message 19926875

I would add, those material cost rise can neither be passed to consumers.

And the same thing goes for tv, and other electronics. China, in most cases, only make a little money (anywhere bet. 1-2% of the final product price, maybe even lower) for assembling, so China would not be the one who got squeezed because nothing to squeezed at. It is the profit of those component suppliers, from countries like Japan, S.Korea, Europe, Southeast Asia, or in some cases, the US, will be squeezed.