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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (197579)8/19/2012 10:43:19 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 541225
 
China wishes to increase domestic consumption do it is not so dependent on exports and raising the minimum wage is a way to encourage this.



To: epicure who wrote (197579)8/19/2012 11:13:56 AM
From: Mary Cluney  Read Replies (3) | Respond to of 541225
 
<<<I had not realized how fast the mw was rising in China.>>>

We have to be smart about this. There is a huge market for Starbucks, Coca Cola, McDonalds, Boeing, Coach, Caterpillar, John Deer, etc. The market for Coca Cola could double KO worldwide volume, revenue and profits.

It is what business people have been dreaming about for centuries but it is now going to happen.

Let's not screw this up with a trade war over manufacturing gadgets or some such nonsense.