I don't want to dig too deep into this topic here. Time permitting, I will discuss it later.
BTW, I don't think "US can easily find suppliers of labor intensive consumer products". Which country can replace China in terms of almost limitless cheap and relatively quality labor force? India? It's already in the game. The knockout of China from the ring will only provide the countries like India more bargaining chips for better price.
That's why people say China is the last gold mine on the face of the earth.
links are everywhere. Those rates will be found trivial when the real danger of collapse of China looms... -- hellohello - (523 Byte) 2005-6-02 周四, 02:25 (289 reads)
