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0.5% growth 1st Quater 2011
Comments
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sabretoothtigger wrote: »Their currency isnt freely tradeable or exportable and they dont really have a full bond market. The goods they export are subject to competition from places like Vietnam where wages are lower
From the early 90's onwards many multinational companies have spent vast sums of money investing in capital expenditure projects in China. In the process training local people to operate these plants. Its not an easy task to uproot these facilities and just move them to another low wage economy.0 -
Thrugelmir wrote: »From the early 90's onwards many multinational companies have spent vast sums of money investing in capital expenditure projects in China. In the process training local people to operate these plants. Its not an easy task to uproot these facilities and just move them to another low wage economy.
Your right, it's not easy to do so.
If the calculators show that its economically better to do so, you can bet they'll seriously consider it though:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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