View Single Post
  #378  
Old April 23rd 05, 06:58 PM
Chris
external usenet poster
 
Posts: n/a
Default


"George Patterson" wrote in message
news:Gmdae.2503$RD.1312@trndny02...
Morgans wrote:

How many years will it be until China's quality comes up, like Japan
finally
did?


About -15.

The question is, how long will it take for Americans to aquire enough
information about Chinese manufacturers to make informed decisions about
their products? The Chinese don't seem to have made any effort to brand
their products.


Why should they. Go to china and see for yourself whets happening there. The
cars on the roads are all western brands made in China, mainly in Shanghai
with the support of the western car companies, Ford, GM, VW etc.
They are soaking up the technology as they have just done with Rover.
The rate of progress is geometric not linear.

With their currency pegged to the dollar they are doing OK and with foreign
reserves conservatively valued at $600bn its easy to see why they do not
want to float the RMB.

Currently the are the second biggest consumer of gasoline and they have not
started yet, they use about a third of all the worlds concrete and about a
quarter of all the worlds steel.

and they can only get better and better and anyone who knows the Chinese,
will know they have a work ethic miles stronger than anything in the west.

and they despise the Japanese.