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

To: RealMuLan who wrote (15532)11/11/2004 8:26:27 PM
From: RealMuLan  Respond to of 116555
 
Both EU and US textile industry calls for limits on China's imports, but who is the looser anyway? China will lose only 5%-10%, and EU and the US will loss 90%-95%

Here is the share of the profit for China's textile exports:

5%-10% goes to China.
35% goes to Brand name patent holders.
55% goes to foreign (Europe, Japan, and the US) designers, distributors, transporters, and retailers.

Who are the stupid ones here?<g>



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