Re: Lenovo

On Tue, 29 Jan 2008 02:52:02 GMT, PaPaPeng <PaPaPeng@xxxxxxxxx> wrote:


Lenovo Has Less to Lose in the U.S.
Ironically, what may be shielding the computer maker from recession
fallout is its continued inability to crack the U.S. market.

http://www.businessweek.com/globalbiz/content/jan2008/gb20080128_593717.htm?chan=search

This is weird. But the lesson is, for the near term, get out of US
markets until the dust clears. There will be more blood flowing in
the streets until at least early 2009. Then go in to pick up the
bargains. If you can handle the wait, say 10 years, property will be
an excellent investment. Can't say much for stocks and shares.


China Would Welcome a U.S. Slowdown
It would weaken demand for Chinese exports and, in turn, help cool off
China's overheated economy, which logged 11.4% GDP growth in 2007
by Chi-Chu Tschang
January 24, 2008
http://www.businessweek.com/globalbiz/content/jan2008/gb20080124_686630.htm?chan=search

In China, some people might actually be looking forward to a U.S.
slowdown. That's because an American recession could do what Beijing
has not been able to accomplish—namely, cool off China's overheated
economy, which in 2007 grew at its fastest pace in 13 years. On
Thursday, Chinese officials announced that the economy expanded 11.2%
in the last quarter of 2007 and 11.4% for the year. "China tried to
achieve a soft landing, but was not able to," says Qing Wang, an
economist with Morgan Stanley (MS). "In 2008, China may be able to
mainly because of a [possible] U.S. recession."
(.....more)
.

Relevant Pages

  • Re: China Holds Up The Sky
    ... Thanks to China, an American recession need not cause the whole world ... China's booming economy is helping to support global growth as America ...
    (soc.culture.china)
  • Chinese plants export jobs
    ... Manufacturers shun low-wage inland for cheaper labor in Vietnam and India ... Edward Kang spent 15 years building textile maker Ever-Glory International ... dampen growth in the world's fastest expanding major economy, ... ''It is absolutely key that China push its development model westward,'' ...
    (rec.sport.pro-wrestling)
  • Re: Der Spiegel
    ... Does communism work after all? ... country, but rather a giant company -- let's call it Red China, Inc. ... With a blend of a planned economy and unbridled ... Communist Party leader Hu and his Politburo colleagues aren't the only ...
    (soc.culture.china)
  • Der Spiegel
    ... Does communism work after all? ... country, but rather a giant company -- let's call it Red China, Inc. ... With a blend of a planned economy and unbridled ... Communist Party leader Hu and his Politburo colleagues aren't the only ...
    (soc.culture.china)
  • Re: Taiwan "beating" China
    ... The day after the Shanghai stock market fell, ... Last week we got one answer: China. ... linking the Shanghai stock market with the overall Chinese economy. ... Does Communism Work After All? ...
    (sci.military.naval)