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


To: elmatador who wrote (59682)1/30/2005 4:48:09 PM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
Apparently I missed those post. Thanks for pointing them out, elmat. You made a good point in pointing out "Spreading capital evenly", although I think the other side of the coin is indeed "Enlightened self interest". Because OECD nations simply run out of the market, and even the basement of a lot of people who live in OECD countries are full now.

Although the people who is going to foot the bill are not just from developed countries. They are from a lot of poor people around the world too. Plenty of so-called economic miracles in China are at the expense of the poor people who can shoulder the least. Millions of unemployed workers are now worse off comparing with they were 10 years ago.

These three Western companies -- Gillette, P&G, and Unilevel -- now collectively have 56% of alkaline battery market in China, and accounting for most of the battery exports from China.

P&G alone now has 15 billion Yuan business in China. Not sure what is the total China market, but in any case, they have already dominated the Chinese market.