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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: DinoNavarre who wrote (3676)	10/19/2019 9:48:41 AM
From: Elroy Jetson	1 Recommendation Recommended By DinoNavarre Read Replies (1) \| Respond to of 13803

Foxconn, the largest assembler of iPhones and iPads, employs in the region of a million workers in China. It said this week that it has sufficient capacity outside China to accommodate all production of Apple products bound for the US, if needed. - scmp.com Sony also said it was closing its Beijing smartphone plant and would only make smartphones in Thailand. That announcement, plus Samsung’s plans to leave China and news that a number of US tech companies like Cisco and Oracle plan to cut back on production in China, could have serious implications for China’s domestic economic and employment stability as well as its position in global supply chains, according to analysts. Rather than manufacture in China, Samsung opened the world’s largest mobile phone manufacturing facility on the outskirts of the Indian capital of New Delhi last year. The shift of production from China to Southeast Asia, India and even Africa, especially for labour-intensive manufacturing and relatively low-end assembly, has been at least a decade in the making due to rising labour and rental costs, high taxes and the economic slowdown. This move is also driven by a decline of sales in China. Samsung’s share of the Chinese market shrank to 1% in the first quarter from around 15% in mid-2013, as it lost out to fast-growing homegrown brands such as Huawei Technologies and Xiaomi Corp. “In China, people buy low-priced smartphones from domestic brands and high-end phones from Apple or copycat models from Huawei. Samsung has little hope there to revive its share,” said Park Sung-soon, an analyst at Cape Investment & Securities.

To: DinoNavarre who wrote (3676)	10/20/2019 2:15:35 AM
From: elmatador	1 Recommendation Recommended By DinoNavarre Read Replies (1) \| Respond to of 13803

Premier Jason Kenny’s first move upon winning the Alberta vote was to call an inquiry into foreign (U.S.) funding of the anti-oilsands campaign. This will expose the dirty tactics of the Rockefeller Brothers-led initiative, funneling hundreds of millions of dollars into “grass-roots” environmental and First Nations front groups with the aim of landlocking Canadian oil and killing the project. Meanwhile 14 pipelines are under construction in Texas while zero are even approved in Canada. Canada appears headed for a train wreck due to the widening chasm on energy, climate and finance policy between Alberta and Ottawa. It is possible that no combination of voting outcomes in the October 21 federal election can prevent the breakup of the federation. xe.com/currencycharts/?from=USD&to=BRL&view=12h