, November 20, 2004 3:55 PM
Subject: [PEN-L] Growing Chinese economic influence
The Independent, 20 November 2004
Saved: Chinese bail out Rover for £1bn
By Michael Harrison Business Editor
MG Rover, the last remaining British-owned volume car-maker, is set to
be rescued with the help of more than
Chris writes: But being Chinese, they will probably get the best possible
price for
it.
is this a genetic predisposition that you're positing? or is
it cultural? Are Chinese more money-grubbing than others?
JD
- Original Message -
From: Marvin Gandall [EMAIL PROTECTED]
Well, the Jews and the Scots have also been prominently mentioned. :) I'm
still looking to meet the capitalist - of any nationality - who doesn't
want
to get the best possible price for his or her product, or the worker who
Using its currency to buy up outside capital will not help keep the Chinese
currency cheap.
It may reflect a view that China will evolve from being a low wage desitination
of
offshoring to joining the ranks of advanced capitalist nations with wages
higher than those
of the poor nations. It may
Capitalists and workers seek the best POSSIBLE price, but the best possible
is, of course, not always the best. Your example of a capitalist who has a
profit opportunity but foregoes it for no apparent reason is extraordinary,
and defies the logic of capitalism - what do the shareholders think?
: Marvin Gandall [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Sunday, November 21, 2004 5:23 PM
Subject: Re: [PEN-L] Growing Chinese economic influence
James Devine:
Chris writes: But being Chinese, they will probably get the best
possible
price for
it.
is this a genetic predisposition that you're
The Independent, 20 November 2004
Saved: Chinese bail out Rover for £1bn
By Michael Harrison Business Editor
MG Rover, the last remaining British-owned volume car-maker, is set to
be rescued with the help of more than £1bn of Chinese cash. But the
agreement with the Shanghai Automotive Industry
From: PEN-L list on behalf of Louis Proyect
Sent: Sat 11/20/2004 7:55 AM
To: [EMAIL PROTECTED]
Subject: [PEN-L] Growing Chinese economic influence
The Independent, 20 November 2004
Saved: Chinese bail out Rover for £1bn
By Michael Harrison Business Editor
MG Rover
