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

To: RealMuLan who wrote (53921)	10/2/2004 10:38:52 AM
From: RealMuLan	Read Replies (3) \| Respond to of 74559

Can I call it a "conditional free market"?<g>--"Outcry over Noranda buyer rings hollow" By ERIC REGULY Saturday, October 2, 2004, Page B2 The Chinese takeover of Noranda is an extraordinary story that has triggered an extraordinary reaction, not least from the Financial Post, the domestic house organ of the Capitalism Unlimited movement. Tag-team columnists Terence Corcoran and Peter Foster, normally rabid proponents of free markets, called for a deal smackdown. Ottawa should send the Chinese packing, they said. Apparently, free markets should be free for everyone except Noranda. The page you requested is only available to INSIDER Edition subscribers theglobeandmail.com

To: RealMuLan who wrote (53921)	10/3/2004 4:38:01 AM
From: energyplay	Read Replies (2) \| Respond to of 74559

Hi Yiwu - Thanks for getting the numbers - Three items - 1) Prices are set at margin. Drop in consumer volumes can erode selling prices quickly. 2) How profitable are sales to the US sales to other countries ? I would expect that the US and Japan and some parts of Europe buy the more expensive and more profitable goods. I would expect many facotries make the biggest slice of profits on ssles into the US. Flip side of this is that US companies may have good technolgy and marketing, but really high labor cost. For a company like Nike or Apple to get part of manufacturing from China make sthem very competitive with say some European companies, who were hoping high labor costs would keep US firms from taking market share. 3) look at China's US trade surplus: +136.48 Billion. look at China's deficit on ALL trade: -41.47 Billion. Cut out US trade, the defict goes to 178 Billion, almost 15% of total imports. So far, US China trade has been very profitable for both parties. (I expect the Europeans are ticked off at this - so I would carefully evaluate negative articles from European publications)