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: Seeker of Truth who wrote (59036)	1/17/2005 3:49:50 AM
From: elmatador	Respond to of 74559

Jay says that China will embrace the US all the way down and them let it lose. Perhaps hes got a point: I translated him by saying: use the market of the US as the rest of the world picks up exports and the slowly decrease the dependency on the US market. China has been active on the world leaving no country out. Popular press( The Economist, Financial Times) are saying they are seeking raw materials I say they aseeking markets, and since they are it...

To: Seeker of Truth who wrote (59036)	1/17/2005 11:57:28 AM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

>>China has two ways to get away from the excessive dependence on sales to the US consumer market.<< I am not sure I understand why so many people claim China got an excessive dependence on sales to the US consumer market? The US, after all, only accounts for 21% of China's total exports. I would not call it "an excessive dependence". If anything, they should say Japan, S. Korea, Taiwan, HK, and China as whole which has an excessive dependence on US exports. >> One is to increase sales to non-US countries. This is happening, gradually.<< Not gradually, but rapidly. This is 2004 Jan. - Nov. number gcs.mofcom.gov.cn And in terms of total trade volume, EU already surpassed the US in 2004 to become #1 trading partner of China Japan now become #3

To: Seeker of Truth who wrote (59036)	1/17/2005 3:34:02 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

Hi Malcolm: Are we not just so brainwashed by the situation, that we see a problem in the hard-working, hard-saving billions of Chinese? We're just so darn demand-side minded - some J6P cuts up his credit card #3 and the world can't sleep that night. The solution? As any imbalance this situation will / must swing the other way some time. But I sure do hope it will end up in a position that will make an average Chinese better off. And by that I mean not just a chance for them to buy an armful of DVDs from Hollywood and San Fernando Valley with their share of IOUs. I mean infrastructure, education, social net, health system (what else does Canada have and US do'nt?;) About the rest of the world you ask? We've all been taking good care of ourselves for quite some time and I guess will proceed if unmatched. A funny factoid:China is swarming with VW cars and back here the sky is turning purple black over Wolfsburg... Regards dj