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

To: elmatador who wrote (55098)	9/17/2009 4:00:51 PM
From: Maurice Winn	3 Recommendations Respond to of 217662

Blah blah blah trade war blah blah tariffs on tyres blah blah close economic ties yawn blah we have rules... etc etc. All a lot of waffle. There is no need for China to waste a breath on the matter or do anything. If Americans don't want good quality cheaper tyres than they can make themselves, then that's not really China's problem. If Americans like to give LOTS of money to Obama and co via tyre tariffs along with all the other imposts against them, then China could reasonably feel sorry for Americans but not angry. It's an American problem and not something that China needs to worry about. There are 300 million Americans with one car each with four tyres per car so that's 1.2 billion tyres. There are 5 billion other people with one car for every 50 people so that's 400 million tyres. [near enough for government work] I need four new tyres now so I'll take some. Here's some actual data tirebusiness.com 1 billion tyres per year for cars around the world of which 150 million are made in China and 150 million are made in USA with sales growing rapidly in China and dropping a bit in USA. The USA put quotas and tariffs on sheep and steel which are things NZ sells. NZ didn't bother with a trade war. We just sold the stuff to China instead, and anyone else who wanted to buy sheep or steel. It wouldn't help New Zealanders if we refused to buy good things from the USA or had to give our government a lot of money if we decide to buy from USA producers. If Americans don't want cheap steel, cheap sheep, cheap tyres, then that's their problem, not China's or New Zealand's. Somebody else will buy them. China and Japan seemed to be interested in buying steel. If the USA wants to be like Mao's China, and like Albania and North Korea, sealing itself up against the outside world then that's not a concern of the rest of the world. That's not likely. It's just a little tyre tariff. Americans will squawk and fire Obama if he keeps putting such taxes on them. No trade wars, no worries. Let's all work together. ElM digs the trench and installs fibre and poles, Huawei provides the money and the technology, Qualcomm provides the ASICs and software, Motorola provides MOTOBLUR and Cliq, Asus makes EeePC with Gobi, Skype enables communication, Google gets the information organized and delivered, Facebook puts a face on it all, China provides tyres, Toyota ships in cars, Exxon produces and refines some fuel, Angolans build some roads and ship food and stuff back to everyone. Gong He, Mqurice

To: elmatador who wrote (55098)	9/17/2009 9:23:59 PM
From: TobagoJack	Read Replies (3) \| Respond to of 217662

just in in-tray Had breakfast with a friend from Goldman Wednesday morning. Mandarin was fully booked and he got the very last room at the Shangri-La. Ironically, he cannot stay at the Four Seasons in Hong Kong, as the prices are too high for Goldman's budget! If he had not gotten the last room at the Shangri-La, he was going to have to stay at the Courtside Marriott in Sheung Wan, as that was the best hotel on the list approved by Goldman.... and this Goldman person is a Partner!! Yes, they are staying low key nowadays.... And with the CLSA Conference next week, I suspect that hotels in Central are fully booked. I can check, but I suspect that all the regular rooms at the Four Seasons are booked and that only suites, etc. are still available, thus the HK$11,000 quote..... But at least in September, hotels in HK are going great guns..... Retail is still soft apparently, (but Lamborgini, luxury cars, etc. are doing great business) so the implication is that bankers / investors see China as the last great hope for them, thus they are all piling in as much as possible.....