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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (880913)8/18/2015 7:26:44 PM
From: PKRBKR  Read Replies (1) | Respond to of 1578005
 
Time to restore sanity to the world's monetary system

Isn't what China is doing essentially the same as the Fed raising rates by a quarter point? Are you advocating we go back to the gold standard?



To: RetiredNow who wrote (880913)8/18/2015 8:07:31 PM
From: bentway  Respond to of 1578005
 
Are Americans Ready to Buy a Car Made in China?

GM MAY IMPORT THE BUICK ENVISION NEXT YEAR

By Michael Harthorne, Newser Staff
newser.com
Posted Aug 18, 2015 6:45 PM CDT

(NEWSER) – Will US consumers buy a car made in China? General Motors may be about to find out as the company mulls importing its Buick Envision from China, where more than 57,000 of the "compact crossovers" were sold in the first half of this year, Automotive News reports. A GM spokesperson says the Envision was "extremely well-received" in China, where it's manufactured, and Mike Colias writes that if GM brings it to the US as expected next year, "it would almost certainly be imported" from there. While GM won't officially comment on the possibility, the company says it is "looking at all the opportunities" for the car.

The UAW released a statement today calling GM's consideration of selling Chinese-made cars in the United States "tone deaf" and "especially alarming," reports USA Today. "The Envision should be made in the US by the workforce that saved GM in its darkest time," says the union, which is currently trying to reach a new deal with GM before its current one expires next month. And while politicians might worry about the US losing its economic edge to China, an industry analyst cited by Automotive News doesn't believe there's much difference in consumers' minds between a car made in Detroit versus one made over there. After all, they're used to their iPhones and other tech toys coming from China.



To: RetiredNow who wrote (880913)8/18/2015 11:32:43 PM
From: tejek  Read Replies (1) | Respond to of 1578005
 
China's decision to devalue its currency is rightly seen as a threat to American workers and a violation of legitimate competition. When the price of goods offered in the global market can be slashed as the result of currency manipulation rather than having more competent workers or achieving greater production efficiency, it's not only unfair, it's an affront to the principles of free markets and free trade.

What we all have to fear is China. There are few rules and regulations that China follows with any kind of regularity. Instead, they play economic games while soiling the countryside. Like that explosion in Tianjin, one small spark could set things off and put the world in a much worse recession than 2007.