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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?

To: hui zhou who wrote (9130)	10/29/2010 2:17:33 PM
From: RealMuLan	Read Replies (1) \| Respond to of 12464

Yep, that is misleading. 60 to 62 is only partial benefit. Now the French got same treatment as the U.S. counterpart. NO wonder the riot is so bad, since Europeans always think they should have better social welfare than Americans<g> They still do in terms of health care and unemployment benefit. And now it is the time for the U.S. to QUIETLY change the retirement age for Full benefit for younger generations to age 70<g> BTW, if the same scale of riot were happened in China, the West would have jumped UP and DOWN, yelling China having social INSTABILITY!

To: hui zhou who wrote (9130)	10/29/2010 2:29:57 PM
From: RealMuLan	Respond to of 12464

This morning, Bloomberg mentioned Obama wants India imports MORE made-in-U.S. And here is something China just exported to India, large coal-fired Generators, worth of $8.29 BILLION! chinaequip.gov.cn Bloomberg said $10 billion worth bloomberg.com " “Chinese manufacturers are targeting the developing world for orders outside China, such as India, the Middle East and Southeast Asia,” said Simon Jiang, an analyst at Guotai Junan Securities HK Ltd. “They have a real advantage over competitors from the developed world because their costs are lower. And the technology now matches that in the West.” ... Shanghai Electric got 16 percent of its revenue from overseas sales last year, compared with 8.25 percent in 2007. Harbin Power, listed in Hong Kong, received 15 percent of its revenue from abroad, from 7.8 percent in 2007. " =============== China finally wised up, focus on Emerging/developing countries for exports!