Comments on: China Said to Resist U.S. Pressure to Ease Bank Ownership Curbs [Reader Post] http://floppingaces.net/2008/12/04/china-said-to-resist-us-pressure-to-ease-bank-ownership-curbs-reader-post/?utm_source=rss&utm_medium=rss&utm_campaign=china-said-to-resist-us-pressure-to-ease-bank-ownership-curbs-reader-post Sat, 26 May 2012 01:41:35 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: sigmundringeck http://floppingaces.net/2008/12/04/china-said-to-resist-us-pressure-to-ease-bank-ownership-curbs-reader-post/comment-page-1/#comment-136152 sigmundringeck Sat, 06 Dec 2008 22:23:30 +0000 http://www.floppingaces.net/?p=13244#comment-136152 There may still a problem with the free and fair trade with the mainland, I am not up to speed on this, and unbiased data may not be easy to obtain. But anecdotally, many foreigners have gone to china and made money from their investments there. Their factories and produced goods are profitable with cheap skilled labour(made in china and shipped to US and world), their chinese properties made money when the market went up, and they are able to bring their money out of china without much problem. At least I have not heard of anyone complaining. The main problem investors in china face is that the locals copy their franchise or technology, then set up another factory and produce the same stuff at one-third the price to kill you. It's licencing and copyright enforcement that is still very poor. If you look at the stuff in one of your walmarts, you'll see that many things were made in china. From plastic toys, fabrics, tools, foodstuffs to electronics. They even make .45 1911s in china and these are used by quite a number of american smiths as a base to customize the standard stuff onto them(eg: Ed Brown??) All these american companies would not be making stuff in china unless it is profitable for them.

There may still a problem with the free and fair trade with the mainland, I am not up to speed on this, and unbiased data may not be easy to obtain.

But anecdotally, many foreigners have gone to china and made money from their investments there. Their factories and produced goods are profitable with cheap skilled labour(made in china and shipped to US and world), their chinese properties made money when the market went up, and they are able to bring their money out of china without much problem. At least I have not heard of anyone complaining.

The main problem investors in china face is that the locals copy their franchise or technology, then set up another factory and produce the same stuff at one-third the price to kill you.

It’s licencing and copyright enforcement that is still very poor.

If you look at the stuff in one of your walmarts, you’ll see that many things were made in china. From plastic toys, fabrics, tools, foodstuffs to electronics. They even make .45 1911s in china and these are used by quite a number of american smiths as a base to customize the standard stuff onto them(eg: Ed Brown??)

All these american companies would not be making stuff in china unless it is profitable for them.

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]]> By: Hard Right http://floppingaces.net/2008/12/04/china-said-to-resist-us-pressure-to-ease-bank-ownership-curbs-reader-post/comment-page-1/#comment-135720 Hard Right Thu, 04 Dec 2008 20:00:22 +0000 http://www.floppingaces.net/?p=13244#comment-135720 I would not make long term investments in China. Because when they are strong enough they will "confiscate" all the factories, properties, money, etc. that is foreign owned. They are smart enough to know when they can do it. and get away with it. So for now you are okay, but don't bet your retirement on it.

I would not make long term investments in China. Because when they are strong enough they will “confiscate” all the factories, properties, money, etc. that is foreign owned.
They are smart enough to know when they can do it. and get away with it. So for now you are okay, but don’t bet your retirement on it.

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]]> By: Mike's America http://floppingaces.net/2008/12/04/china-said-to-resist-us-pressure-to-ease-bank-ownership-curbs-reader-post/comment-page-1/#comment-135680 Mike's America Thu, 04 Dec 2008 16:32:57 +0000 http://www.floppingaces.net/?p=13244#comment-135680 One of these days the Chinese are going to end up owning everything so we better get a stake in while we can. We do need to insist on the Chinese permitting free and fair trade. My concern is that once China has established itself as an economic superpower (in some ways it already has) there will be a greater push for it to become a military superpower too. And if this happens at the same time the U.S. is forced by Obama and friends to give up our predominant world role we are all in trouble.

One of these days the Chinese are going to end up owning everything so we better get a stake in while we can. We do need to insist on the Chinese permitting free and fair trade.

My concern is that once China has established itself as an economic superpower (in some ways it already has) there will be a greater push for it to become a military superpower too.

And if this happens at the same time the U.S. is forced by Obama and friends to give up our predominant world role we are all in trouble.

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