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Re: Warning from Warren Buffet by John Leonard 16 November 2003 21:48 UTC |
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don't forget the Chinese are very hard workers, and very hard bargainers, too. they were also once the world's richest and largest nation. At 18:59 11.14.03 -0800, you wrote:
Regarding China's comparative advantages. It's advantages for the most part don't strike me as anything 'natural'. It has cheap labor, an undervalued currency, and lots of global capital being thrown at it (a veritable Barmicidal feast, but the caterers, ultimately seek profits). Charles Jannuzi University of Fukui, Japan ===== http://www.literacyacrosscultures.org http://groups.yahoo.com/group/literacyacrosscultures __________________________________ Do you Yahoo!? Protect your identity with Yahoo! Mail AddressGuard http://antispam.yahoo.com/whatsnewfree
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