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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (68717)8/24/2006 1:23:00 AM
From: John McCarthy  Read Replies (2) | Respond to of 110194
 
Mish

thanks ....

really enjoyed it ....

btw - did NOT realize the situation with cars ....

regards,
John



To: mishedlo who wrote (68717)8/24/2006 1:58:10 PM
From: russwinter  Respond to of 110194
 
China Jacks up Prices:
iht.com

Traveling through the Pearl River Delta north of Hong Kong, Temple found that cost increases - for raw materials, but above all, for labor - dominated every discussion he had with suppliers.

Far from being eager to underbid each other, Chinese companies talked about marking up their prices from 5 percent to 10 percent so consistently that Temple, whose company owns the British distribution rights to such cuddly creatures as Paddington Bear and Jemima Puddle-Duck, became convinced that these were not simply negotiating gambits.

"When I went over there, I was under the belief that China is a bottomless pit of cheap product," Temple said. "When I left, I was not."