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

To: mishedlo who wrote (46298)	2/11/2006 9:05:06 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Except very few case (Chery and Geely that combine export less than 100,000 cars), they are ALL foreign cars, and >90% of the profit ALL goes to foreign companies, such as GM, VW, Toyato, Honda... You know what Chinese are saying now? Foreign companies come here (China), set up sweatshops, bribe local officials, used up Chinese resources and energy, pollute the environment, leave the GDP, and take away most of the profit back to their countries. Yes, those 10-11% of GDP growth a year means NOTHING except pollution for most of regular Chinese