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xmas13 10-31-2007 06:00 PM

Quote:

Originally Posted by GreyWolf (Post 13314377)
:1orglaugh:1orglaugh Oh dear....

There are poor people, no doubt, - there is also a very strong and highly educated workforce and, especially in younger people - they are keen to learn.

Don't worry too much about the stock market - they are fine

Let me translate:

- "DONT PANIC, ITS JUST A BUBBLE"

- "PEASANTS ARE VERY EDUCATED".

Don't you see some contradiction? :1orglaugh

XMaster 10-31-2007 06:02 PM

fuck fuck fuck

GreyWolf 10-31-2007 06:02 PM

Quote:

Originally Posted by yys (Post 13314431)
Good for the young strong highly educated workforce. It's too bad they only make up a tiny percentage of the total Chinese population. The rest are dirt poor subsistence farmers who can barely feed themselves.

I'm sure they will manage fine without attempts to denegrate and demean. Tho, sure, agree there are poor people and they will benefit from the ecomomic success.

The only noteable point about China was the obvious economic success which is well-known and one of my partners worked three/four years with the Chinese govt to develop an infrastructure to accomodate millions of Chinese people when they wanted to have a vacation. I'll let him know that there are so many "dirt poor subsistence farmers who can barely feed themselves."

No, have no investment in China - already got better investments locally thanks.

xmas13 10-31-2007 06:02 PM

Quote:

Originally Posted by GreyWolf (Post 13314439)
Last figure I know of for exports was $890 billion/month, but that was increasing at 20%ish/month - so hell knows what it is now.

900b a month? 20% monthly growth in exports?

What a fucking retard :1orglaugh

http://i70.photobucket.com/albums/i8...204/retard.jpg

halfpint 10-31-2007 06:02 PM

Quote:

Originally Posted by GreyWolf (Post 13314439)
Last figure I know of for exports was $890 billion/month, but that was increasing at 20%ish/month - so hell knows what it is now.

Here is some info on that figure

GUANGZHOU, Oct. 28 (Xinhua) -- China's total volume of foreign trade is expected to exceed 2.1 trillion U.S. dollars, up 20 percent over last year, according to a report issued by the Ministry of Commerce during the ongoing 102nd China Import and Export Commodities Fair.

the link to it is here

http://news.xinhuanet.com/english/20...nt_6966139.htm

xmas13 10-31-2007 06:04 PM

There Are 12 Months In A Year, Asshole.

GreyWolf 10-31-2007 06:04 PM

Quote:

Originally Posted by xmas13 (Post 13314469)
Let me translate:

- "DONT PANIC, ITS JUST A BUBBLE"

- "PEASANTS ARE VERY EDUCATED".

Inaccurate translation :thumbsup

xmas13 10-31-2007 06:05 PM

It's one trillion per year not per month lol.

xmas13 10-31-2007 06:06 PM

http://en.wikipedia.org/wiki/List_of...ies_by_exports

1 Germany 1,133,000 2006 est.
2 United States 1,024,000 2006 est.
3 People's Republic of China 974,000 2006 est.

GreyWolf 10-31-2007 06:07 PM

Quote:

Originally Posted by xmas13 (Post 13314483)
It's one trillion per year not per month lol.

My bad - and a big one!! :1orglaugh:thumbsup

xmas13 10-31-2007 06:07 PM

It sounds like a lot, but China has a population of one billion and three hundred million people.

xmas13 10-31-2007 06:08 PM

http://en.wikipedia.org/wiki/List_of...rts_per_capita

79 Mainland China

GreyWolf 10-31-2007 06:09 PM

Quote:

Originally Posted by xmas13 (Post 13314488)
It sounds like a lot, but China has a population of one billion and three hundred million people.

Sure.. this is the problem - they are trying to find a commerical base to support that level, so prob going to be a while yet with low cost goods to develop that level of economy.

xmas13 10-31-2007 06:10 PM

Anyway sorry for insulting you. Shit happens.

Hope you don't mind ;)

GreyWolf 10-31-2007 06:13 PM

Quote:

Originally Posted by xmas13 (Post 13314498)
Anyway sorry for insulting you. Shit happens.

Hope you don't mind ;)

Not one bit xmas :1orglaugh:thumbsup Thanks for pointing out the obvious!!!

xmas13 10-31-2007 06:14 PM

I sell shit from Shenzhen. Guangdong and 'm getting worried about trade imbalances and future protectionism in Europe and the US.

It's bad for business.

yys 10-31-2007 06:18 PM

Quote:

Originally Posted by GreyWolf (Post 13314474)
I'm sure they will manage fine without attempts to denegrate and demean. Tho, sure, agree there are poor people and they will benefit from the ecomomic success.

The only noteable point about China was the obvious economic success which is well-known and one of my partners worked three/four years with the Chinese govt to develop an infrastructure to accomodate millions of Chinese people when they wanted to have a vacation. I'll let him know that there are so many "dirt poor subsistence farmers who can barely feed themselves."

No, have no investment in China - already got better investments locally thanks.


If your former 'partner' was in China then he would know that well there may be millions of Chinese who can afford the luxury of a vacation the super majority of the Chinese can barely feed themselves much less take a vacation.

BTW I am not denigrating or demeaning the Chinese. I am just pointing out the obvious to all the people who think China(insert India if you want) is going to supplant the U.S.A. anytime soon as the economic superpower. They have decades to go and many hurdles to overcome before that happens and it is by no means a certainty that it will.

GreyWolf 10-31-2007 06:19 PM

Quote:

Originally Posted by xmas13 (Post 13314507)
I sell shit from Shenzhen. Guangdong and 'm getting worried about trade imbalances and future protectionism in Europe and the US.

It's bad for business.

Ah! Used to deal via HK.

Sure.. the EU and US can do whatever they like, but - at the end of the day - they want cheap product?? Can't see the EU or the US actually manufacturing the stuff. :pimp

xmas13 10-31-2007 06:20 PM

Chinese and Middle Easterners prevent the USD from being devaluated.

GreyWolf 10-31-2007 06:31 PM

Quote:

Originally Posted by yys (Post 13314515)
If your former 'partner' was in China then he would know that there may be millions of Chinese who can afford the luxury of a vacation the super majority of the Chinese can barely feed themselves much less take a vacation.

Who said anything about a "former partner"? He is a partner/dir and was not specifically dealing with "luxury vacations". Hardly worth saying, but will try - he is probably one of around 12 people who have more expertise in dealing with sustainable development globally and has been engaged by various govts over years to consult in this area, has developed degree courses on the topic, administered millions of EU govt funds to other countries etc etc and therefore, it's fair to assume he has more than a clue about the Chinese population than any of us???

But - I'll pass on your info :winkwink::thumbsup

xmas13 10-31-2007 06:34 PM

http://news.google.com/news?hl=en&um...&sa=N&start=10

So depressing

http://www.agoravox.fr/IMG/Dollar_Crash_2006.jpg

GreyWolf 10-31-2007 06:39 PM

Quote:

Originally Posted by xmas13 (Post 13314554)

Yep - the ripple effects spread wide. Pity this is harming other markets and who knows, but could end up backlashing on the US market if the dollar keeps dropping. It's a vicious cycle if that starts and hard to stop.

yys 10-31-2007 07:26 PM

Quote:

Originally Posted by GreyWolf (Post 13314545)
Who said anything about a "former partner"? He is a partner/dir and was not specifically dealing with "luxury vacations". Hardly worth saying, but will try - he is probably one of around 12 people who have more expertise in dealing with sustainable development globally and has been engaged by various govts over years to consult in this area, has developed degree courses on the topic, administered millions of EU govt funds to other countries etc etc and therefore, it's fair to assume he has more than a clue about the Chinese population than any of us???

But - I'll pass on your info :winkwink::thumbsup

What's this friends name? I'd like to read some of his writings or hear him speak on sustainable development.

GreyWolf 10-31-2007 07:46 PM

Quote:

Originally Posted by yys (Post 13314740)
What's this friends name? I'd like to read some of his writings or hear him speak on sustainable development.

And... can't wait for it.... why would you like to hear him speak on sustainable development??? Any particular aspect?? :1orglaugh :1orglaugh

Gimme a break...


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