QUOTE(Seremban_2 @ Jan 31 2011, 11:15 PM)
Give it to me..I will take care of it for you.... PM me when you got the notes!
This post has been edited by David_Brent: Feb 1 2011, 03:09 AM
STOCK MARKET DISCUSSION V72, CNY RALLY !!
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Feb 1 2011, 03:05 AM
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Feb 2 2011, 02:19 AM
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The main point is Innovation as Mr. Tee said.
Look at Japan. They have never innovated anything in their lives - probably never will. Good at stealing, copying and improving others' ideas though..... The other point is "value added". Right now, there is very little value added in China. Which is why the smarter operators are trying to buy or build brands. (e.g. Volvo or Haier). It took LG/Samsung/Hyundai 30/40 years and billions of dollars of PR/Marketing to get to their worldwide status (such as it is). China has a long way to go before it moves up the value chain - especially since there are so many quality/CSR/ethical issues. I'd still put my money on it though... This post has been edited by David_Brent: Feb 2 2011, 02:21 AM |
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