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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Slagle who wrote (22417)	9/14/2007 4:26:31 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217868

<<sold out their country to advance the cause of various foreign interests they serve>> oh, but cb ilaine has done that, certainly, by claiming china's achievement to date is of no consequence, and therefore no concern; she could be a chinese agent for all we know, as could paulson, greensputin, gordon chang, nyt, wsj, etc etc, besides, cb ilaine thinks putin is a kindred soulmate, a friend - in the 50s she would have been blacklisted, bankrupted, and then strung up in any case, this just in e-mail: A friend of mine is one of Walmart's largest suppliers. He does the sourcing for many products in Walmart stores. He says he is getting consistent pleas such as the one below. As I said yesterday, I think we're going to see inflation in things people buy and deflation in things people own (homes, cars, boats, etc.). How does the Fed deal with that? Dear {Yankee Imperialist - a joke!], How are you? I am sure you have well noted the situation changes in China. Effective from July 1st of 2007, China government changed tax refund policy from 11% to 5% for xxxxx, and 13% to 5% for yyyyyy, which results in 6%~8% net loss for us. RMB currency exchanges rate keeps very strong, and it is now already 1: 7.5, versus 1:7.8 early this year. This is another 4% impact for us. Overall speaking, above factors sum up more than 10% loss out of our control. We have been very aggressive to meet your price for the zzzzzzz in the past, so the margin for your order are extremely tight. Under current situation, if we keep making production as usual, we will keep losing money a lot and eventually damage the company's stability. This is really the most serious situations we have ever met in the last 14 years of business. There are always cost fluctuations in the market, and in most cases, we just try to absorb the changes at our end to make the business stable. But this time, we really hope you can understand our position and can absorb some cost with us. We understand how difficult it is for you as well, as the market price is not going to change. Although our cost have increased more than 10%, considering the same stress you would face, we would like to propose 5% price increased for all the current items in these two years, and we hope the price changes can be effective from October order. We hope you can accept this suggestion. Appreciate a lot for all your efforts and help in advance. Thank you. Best Regards,