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

To: Gib Bogle who wrote (105198)	9/17/2009 8:36:38 PM
From: GST	Read Replies (1) \| Respond to of 110194

<Chinese-made cars on the world market within 10 years> Make that 2 years -- there is also talk of Chinese buying Saab and Volvo to jump start the distribution process -- India already owns Jaguar. China is GMs biggest and most profitable market -- for that matter China's car market overall is already larger than the US. And on the electric front there are already over 20 million electric motorbikes streaming out of Chinese factories every year. Need I mention that their idea of a recession is 8% growth. Their cities are growing at the rate of about 25 million inhabitants per year -- need I say more?

To: Gib Bogle who wrote (105198)	9/18/2009 9:16:43 AM
From: SuperChief	Respond to of 110194

>I haven't seen claims that Chinese exports are being dumped at less than cost - do you have some references? Yes I do....... A U.S. trade board says Chinese tire makers are unfairly dumping their products on the U.S. market, hurting domestic tire manufacturers and fueling unemployment. Thursday's 4-2 ruling by the U.S. International Trade Commission against Chinese tire makers marks a victory for the United Steelworkers union. (AP) but proof of Dumping is NOT required due to Section 421 of the Trade Act. See below. Under the terms of joining the WTO, China gave other countries the right until 2013 to impose temporary “safeguards” against surges of Chinese imports. In America the relevant law, Section 421 of the Trade Act, does not require proof that China has broken international trade rules against subsidising or dumping goods (ie, selling below cost), only that the domestic industry was disrupted. Once the International Trade Commission, an independent panel, says that such disruption has occurred, it is up to the president to decide whether to impose remedies. (Economist.com)