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

To: elmatador who wrote (53304)	9/13/2004 1:06:25 PM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

thanks for the hint<g>, elmat. >>This usually involves high tariff barriers to protect local industries and hence import substitution policies run contrary to the concept of free trade. << but how would this be possible under this WTO agreement? So even if China wanted to do this, it would be impossible. By Latin-Americanization, I mean all of the below: --the ever-increasing gap bet. the rich and the poor; --upheaval of the society; --NO core national industry and lack of international competitiveness; --sky-high foreign debt and imbalance of domestic economic structure. This possibility INDEED now worries a lot of Chinese.