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


To: energyplay who wrote (55684)11/7/2004 5:37:43 AM
From: elmatador  Respond to of 74559
 
Good article, EP! As you can see the most modern gadgets are affordable to the market outside the OECD countries and the sales grow much more rapidly since there is a bigger mass to buy the stuff!



To: energyplay who wrote (55684)11/7/2004 11:02:17 AM
From: RealMuLan  Respond to of 74559
 
Thank you! energyplay, a good found. I had a hunch that this Apex mess might be an "native blood" thief<g> But I doubt how much the Chinese supplier can do with the US law protection on these two crook side<g>



To: energyplay who wrote (55684)11/7/2004 11:27:34 AM
From: RealMuLan  Respond to of 74559
 
And one word should be added in the title is "unpaid" Chinese labor help<ng>



To: energyplay who wrote (55684)11/7/2004 1:46:07 PM
From: BubbaFred  Respond to of 74559
 
"Can a pair of hustling immigrants with little experience build an electronics giant?" Heck, I met a fellow in Shanghai who owns of an architectural firm and has 51% ownership of a fancy restaurant who has a humble beginning as a common laborer at building construction sites only 10 years ago. He came to Shanghai from the next door poor agricultural province but used his other awareness skills to go beyond common laborer status. He is not even a high school graduate. He married the accountant of the architectural firm, so his finances is under control. Yeah, I spoke to him through interpreter and developed much respect for him. Smooth, easy going, moderately soft spoken fellow, but super sharp. He must have plenty of people skills, can read people. And here is the scary thing - there are many many more like him there in China. It also points out the future of China. In many respects they are where US was in early 1900's and there is no doubt so much capital is flowing into China just the way Europeans were pouring capital into US in late 1800's and early 1900's. Railroads and new factories were big part of US industrialization then.

The China happening is not a coincidence and definitely not a fad, but real shift of world capital. And where it's the brightest for potential future capital growth, it's where it will go. Is it destiny? Without any doubt. It's manking destiy for the next two or three centuries. Yeah, not decades but centuries. And yeah, this bushies regime will help accelerate it. Only the Chinese government can control the pace of growth that will result in sustainable long term growth with minimal hiccups (definitely to prevent social unrests and socioeconomic based turmoils that can derail everything). It will make a difference on how the growth of prosperity will last and endure. Capital knows no boundary, no cultural or country loyalty, no ethical standards, no consience.