Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BubbaFred who wrote (57851)	12/30/2004 9:11:24 AM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

Yeah, he has been in custody for more than a week now. Luckily, caught this jerk before he left Shenzhen. This jerk must have learnt from Zhang JinGui (a Taiwanese who have a smooth tongue can sell ice to Eskimos<g>). Changhong is not the only manufacture in China got cheated by him. Perhaps half a dozen others too, although those did not have as huge loss as Changhong. Unlike Changhong, they knew when to stop the bleeding. That Ni RunFeng of Changhong (the previous CEO) is such a darn IDIOT. If he wants to give something for free, why not to Chinese themselves? This whole switching away from Letter of Credit (LOC) in world trade after joining WTO is a mistake, one big mistake. Hope Chinese gov. can do something about this. Otherwise, there will be a dozen or more Changhong showing up. Cheap labor should be renamed as "unpaid labor"! Wonder why the rich nations are richer, and the poor are poorer?