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F. George McDuffee F. George McDuffee is offline
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Default Starrett and Global Series

On Sat, 22 Sep 2007 10:58:06 -0500, Louis Ohland
wrote:

This fantasy of the huge chinese market still draws moths to the flame.
Could someone be so kind as to point out how non-chinese manufacturers
in china are profiting?

============
You need to define your terms.

Some non-chinese manufacturing companies could be [and probably
are] taking it in the shorts, but the owners and executives of
these same companies are getting rich.

In the short term, establishment of manufacturing facilities for
high labor content commodity items is a gold mine for the
owners/operators, second only the the profit potential of the
star trek replicator technology, and as Keynes observed "in the
long run we are all dead anyhow."


Unka' George [George McDuffee]
============
Merchants have no country.
The mere spot they stand on
does not constitute so strong an attachment
as that from which they draw their gains.

Thomas Jefferson (1743-1826),
U.S. president. Letter, 17 March 1814.