http://news.bbc.co.uk/2/low/asia-pacific/4151229.stm
that's like 2 years ago ...
anyhow fuck china and the chinese
that's like 2 years ago ...
anyhow fuck china and the chinese
Quote from ShoeshineBoy:
Mi pronostico:
But China is really being somewhat self-serving by holding those dollars, aren't they? After all, if they sold a few hundred billion here and there, it would further collapse the dollar to the levels that it really should be at in the first place, esp. if other countries followed suit. All of this would create a run on the dollar and help shore up the deficit, at least to a certain extent, but then China has hurt its export industry.
I don't think that's a chance that they're willing to take. Let's face it: we're a huge part of their export pie. Seeing the dollar drop 20-30% more is not in their interest at this time the way that I see it. There's a lot of "mordida" money, if you know what I mean, in China and I'll bet most of it comes from export-driven businesses and most of that in turn comes from the paychecks of US consumers. They're not going to jeopordize their kickbacks.
So I don't see them creating a run on the dollar until the US is a smaller part of their exports. Then they'll slowly start to pull out of the dollar and use the money for whatever it is that Former Communist Tyrannical Dictators do with hundreds of billions of dollars...
And that will happen some day. Maybe sooner than later...
Quote from southamerica:
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October 4, 2007
A lot of the money would go back to China anyway as Brazil buys the necessary materials needed to implement many of these projects â Chinaâs investment would generate business for both countries it is a win, win situation.
I have been watching every day CNNâs Lou Dobbs program on television â and almost every day they find something to bash about China.
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Quote from southamerica:
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October 3, 2007
SouthAmerica: Brazzil magazine and ArabNews are both in the process of publishing the enclosed article about China, Brazil and the oil producing countries of the Middle East.
The editor in chief of ArabNews send me a reply saying that he did read the entire article and he said the article is great. Now I just need to wait until the article is published on his newspaper as a special report.
The article has been ready to be published for the last 2 weeks and a number of people have been waiting for the article to be published, but since it has been a delay in the publishing process for technical reasons at Brazzil magazine - in the meantime you be able to read the entire article on my blog at:
Article by Ricardo C. Amaral
�The Smartest Thing China Could Do Right Now: Invest US$ 200 Billion in Brazil.�
China direct investment in Brazil
http://chinadirectinvestmentinbrazil.blogspot.com/
The final conclusion is: It�s imperative that China move forward in an aggressive fashion and implement with Brazil the plan described on this article. And China should look at it as a matter of national security and future survival.
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