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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: hui zhou who wrote (5784)3/20/2006 11:32:40 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
This is more than just the capital issue. CAT is intended to do hostile takeover, and want to monopolize the heavy machinery arena in China. They pay pennies on a dollar for the asset in China, a complete rip-off.

Hopefully, Chinese gov. can put on some control of selling state asset so cheaply.



To: hui zhou who wrote (5784)3/22/2006 7:48:18 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
OT:

This is unbelievable, the round trip ticket from Chicago to Shanghai is only $370, or from any US city (through Chicago) to Shanghai at $490.
news.hexun.com