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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

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