Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hui zhou who wrote (10810)	1/5/2012 2:21:22 PM
From: RealMuLan	Respond to of 12464

Yeah, just look at the price of LCD in this Xmas, it will not be hard to know how LG and other LCD producers can sell that cheap! MOST contributing factor is Exploit Chinese workers to the ultimate degree! So sad to see the Chinese gov. now often times stands on the bloody evil capitalist side.

To: hui zhou who wrote (10810)	1/5/2012 2:23:23 PM
From: RealMuLan	Read Replies (1) \| Respond to of 12464

The Chinese companies that eager to do business in the U.S. had better realize it is very HARD to make money in the U.S.! It is a complete myth. They would really regret after they come in. Here is the tax rate for foreign companies, comparing to US GE "foreign-based multinationals like Mitsubishi, Siemens (SI), and Phillips ... effective tax rates for earnings purposes last year were 40%, 31% and 26% respectively, compared with 7% for GE. (GE says its tax rate's been artificially low the past few years, and will soon rise." features.blogs.fortune.cnn.com