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resistion
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CEO
re: Yoshida in China: Taiwan-China superpower?
resistion   8/14/2012 7:35:16 AM
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China actually has a smooth relationship with Korea, which is problematic for Taiwan as an outside player. http://m.koreaherald.com/view.htm?20120813001413 I think Taiwan would be hard pressed to support China's development while also fearing China is supplying the competitor(Korea)'s market.

sprite0022
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Manager
re: Yoshida in China: Taiwan-China superpower?
sprite0022   8/13/2012 6:54:15 AM
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as most japaneses already know, no need to panic for japanese folks, they can all switch to automobile bussiness. it ll take a while b4 chinese /tw combo learn how to make attractive 4 wheels.

Barry Liu
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Rookie
re: Yoshida in China: Taiwan-China superpower?
Barry Liu   8/11/2012 4:23:35 PM
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Two losers can not make one winner. The treaty is fundamentally flawed,because it is a product of a extremely unpopular regime forging a crony capitalism with its equally unpopular surrogate regime.

_hm
User Rank
CEO
re: Yoshida in China: Taiwan-China superpower?
_hm   8/11/2012 12:15:16 AM
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Will China and Taiwan also unite in Military space? It will be interesting to see US response.

Bert22306
User Rank
CEO
re: Yoshida in China: Taiwan-China superpower?
Bert22306   8/10/2012 7:40:54 PM
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I watched a fascinating program about Chinese manufacturing in the wee hours this morning, on France 24 (24 hour news network). They featured a textile factory where the workers worked 10-hour days, 6 days a week, and made $50 a month. The workers lived in apartments that they shared with multiple adults, for $5 a month rent for each resident. But the main point of the piece was that a labor movements is growing in China, which is already changing that equation. As a result of this, the news piece said, China is investing in places such as Vietnam and Cambodia, to move their manufacturing. I thought this was fascinating, because I had previously believed it was going to take longer for this to happen. Appraently, the shift is in its embryonic stages already.

junko.yoshida
User Rank
Blogger
re: Yoshida in China: Taiwan-China superpower?
junko.yoshida   8/10/2012 5:15:44 PM
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Thanks for correcting therror. It was my bad. The caption for the chart is now corrected.

xingfenzhen
User Rank
Rookie
re: Yoshida in China: Taiwan-China superpower?
xingfenzhen   8/10/2012 4:10:29 PM
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And to keep things in perspective: China / U.S. Foreign Exchange Rate 1980-present. Note, the currency is denoted in USD/RMB, just like the graph in the article. So a rise in the graph shows depreciating RMB. Also note, in 1980 the monthly wage for electrical engineer in China 35 yuan and rent for a 80 sq. meter apartment is 5 yuan a month. http://research.stlouisfed.org/fred2/series/DEXCHUS?cid=282 And the big picture view: USD has fallen overall against world's major currencies since it come off the gold standard in 1973. (Note it's steep rise in the 1980s and steep fall in 2000s) http://research.stlouisfed.org/fred2/series/TWEXM?cid=105 However, it gains substantially against worlds currencies since the 1980s. http://research.stlouisfed.org/fred2/series/TWEXBMTH?cid=105

xingfenzhen
User Rank
Rookie
re: Yoshida in China: Taiwan-China superpower?
xingfenzhen   8/10/2012 3:52:20 PM
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Actually the chart titled "Falling renminbi against U.S. dollars over the last two years" actually shows rising RMB vs. USD. The 6 point something figure shows amount of RMB a dollar you theoretically can buy if you are a big bank. (you milleage will vary at money exchanges in malls and airports). Thus a falling rate of USD/RMB illurstrates a rising RMB or Falling USD. You can resolve that question by looking the dollar index, (http://www.bloomberg.com/quote/DXY:IND), which shows that USD is raising against world currencys (thanks to Euro crisis). Thus, in the past two years, Renminbi has been rising not falling over the last two years.



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