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


To: TobagoJack who wrote (65542)8/17/2010 3:31:31 PM
From: Hawkmoon9 Recommendations  Read Replies (1) | Respond to of 218262
 
The math of trade equation at the time says Britain had nothing of merit to sell to china that would have plugged the then obvious trade deficit.

England, I might remind you, was the largest producer of textiles during that period when 400 million Chinese were still weaving by hand.

The first textile factory in China was built in 1890, AFTER Britain forced open Chinese ports:

en.citizendium.org

Folks like yourself, trying to defend Bejing's mercantilist policies, ALWAYS try and assert that we have nothing the Chinese people want to buy..

And that's BS. We just have to jump through a bunch of hoops to reach your markets.. Chinese Partners.. minority ownership.. official obstructionism and bribes.. etc.

Hawk