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    <title>Dan Harris's Comments</title>
    <description>Dan Harris's Comments RSS Syndication from SeekingAlpha.com</description>
    <link>http://seekingalpha.comuser/1133/comments</link>
    <item>
      <title>China Slams U.S. for Inflating Global Asset Prices </title>
      <link>http://seekingalpha.com/article/173453/comments?source=feed#comment-761514</link>
      <guid isPermaLink="false">761514</guid>
      <content>
        <![CDATA[You make a great point about this being a preemptive strike.  I hadn't thought of it that way, but I think you are right.]]>
      </content>
      <pubDate>Mon, 16 Nov 2009 00:15:55 -0500</pubDate>
      <description>
        <![CDATA[You make a great point about this being a preemptive strike.  I hadn't thought of it that way, but I think you are right.]]>
      </description>
    </item>
    <item>
      <title>New Labor Laws in China Could Hinder Investors' Profit Potential</title>
      <link>http://seekingalpha.com/article/115438/comments?source=feed#comment-361055</link>
      <guid isPermaLink="false">361055</guid>
      <content>
        <![CDATA[This article is about six months late and a dollar short.  It's like a blast from the past, so much has changed of late. <br/><br/>Yes, some companies left China due to increased labor rates, but almost all of those companies were manufacturers of very low quality items like socks, and rubber duckies.  Most of these companies were Chinese, HK or Taiwan owned.  Very very few Western companies left for lower wages elsewhere.  This article is also late because wages in China are now on a downslide and the government has been spreading the word that enforcement of its new labor laws will be less than rigorous, so long as companies retain their employees.  ]]>
      </content>
      <pubDate>Tue, 20 Jan 2009 13:48:50 -0500</pubDate>
      <description>
        <![CDATA[This article is about six months late and a dollar short.  It's like a blast from the past, so much has changed of late. <br/><br/>Yes, some companies left China due to increased labor rates, but almost all of those companies were manufacturers of very low quality items like socks, and rubber duckies.  Most of these companies were Chinese, HK or Taiwan owned.  Very very few Western companies left for lower wages elsewhere.  This article is also late because wages in China are now on a downslide and the government has been spreading the word that enforcement of its new labor laws will be less than rigorous, so long as companies retain their employees.  ]]>
      </description>
    </item>
    <item>
      <title>Luxury Products in China  </title>
      <link>http://seekingalpha.com/article/81603/comments?source=feed#comment-187774</link>
      <guid isPermaLink="false">187774</guid>
      <content>
        <![CDATA[What you are ignoring here though is that to be a super luxury, it almost has to not be available in China.  I lived in Turkey for a year and some of the super-rich Turks would brag to me about how they would go to Paris to purchase their American toothpaste.  They would do this even though the very same toothpaste was available in Turkey, but also made there.  They would do this because it was the going to Paris that made the toothpaste so elite, not the toothpaste itself.  The ultra-ultra rich American yacht buyer would not be caught dead buying anything in the US for the same reason -- Italy is the place.  <br/><br/>I suspect that is the role HK plays for the ultra-rich Chinese today.   <br/><br/>To badly paraphrase Groucho Marx, the risk luxury goods makers face by going into China is that the ultra-rich Chinese would not want to buy from any such producer that would have China as a member.  ]]>
      </content>
      <pubDate>Wed, 18 Jun 2008 12:31:37 -0400</pubDate>
      <description>
        <![CDATA[What you are ignoring here though is that to be a super luxury, it almost has to not be available in China.  I lived in Turkey for a year and some of the super-rich Turks would brag to me about how they would go to Paris to purchase their American toothpaste.  They would do this even though the very same toothpaste was available in Turkey, but also made there.  They would do this because it was the going to Paris that made the toothpaste so elite, not the toothpaste itself.  The ultra-ultra rich American yacht buyer would not be caught dead buying anything in the US for the same reason -- Italy is the place.  <br/><br/>I suspect that is the role HK plays for the ultra-rich Chinese today.   <br/><br/>To badly paraphrase Groucho Marx, the risk luxury goods makers face by going into China is that the ultra-rich Chinese would not want to buy from any such producer that would have China as a member.  ]]>
      </description>
    </item>
    <item>
      <title>Chinese Consumers Cite Pricing as Concern for Apple's iPhone</title>
      <link>http://seekingalpha.com/article/80829/comments?source=feed#comment-184667</link>
      <guid isPermaLink="false">184667</guid>
      <content>
        <![CDATA[What has surprised me about the people I deal with in China (mostly Chinese lawyers, mostly very wealthy) is how few of them care at all about getting email on their phones.  Their feeling is that they have no need for emails outside of office hours and if there is some emergency email, their young associates can handle it.  In other words, none of these people (all driving 50,000+ cars) really gave two hoots about my new Blackberry.  Is this view of portable email prevalant outside the legal profession in China?  ]]>
      </content>
      <pubDate>Fri, 13 Jun 2008 02:06:13 -0400</pubDate>
      <description>
        <![CDATA[What has surprised me about the people I deal with in China (mostly Chinese lawyers, mostly very wealthy) is how few of them care at all about getting email on their phones.  Their feeling is that they have no need for emails outside of office hours and if there is some emergency email, their young associates can handle it.  In other words, none of these people (all driving 50,000+ cars) really gave two hoots about my new Blackberry.  Is this view of portable email prevalant outside the legal profession in China?  ]]>
      </description>
    </item>
    <item>
      <title>China: Money Keeps Pouring In</title>
      <link>http://seekingalpha.com/article/71896/comments?source=feed#comment-148966</link>
      <guid isPermaLink="false">148966</guid>
      <content>
        <![CDATA[I can vouch for this from an extreme micro level:  my law firm has seen no slowdown (if anything, we have seen an increase) in US companies wanting to set up operations in China.  The strangest thing is that not a one of them has even mentioned the political climate there as in any way inhibiting them.  It is a complete non-issue.  ]]>
      </content>
      <pubDate>Fri, 11 Apr 2008 10:40:55 -0400</pubDate>
      <description>
        <![CDATA[I can vouch for this from an extreme micro level:  my law firm has seen no slowdown (if anything, we have seen an increase) in US companies wanting to set up operations in China.  The strangest thing is that not a one of them has even mentioned the political climate there as in any way inhibiting them.  It is a complete non-issue.  ]]>
      </description>
    </item>
    <item>
      <title>The Key to Successful Branding in China</title>
      <link>http://seekingalpha.com/article/48274/comments?source=feed#comment-97882</link>
      <guid isPermaLink="false">97882</guid>
      <content>
        <![CDATA[Shaun,<br/><br/>Great post.   Always difficult to recover from a loss of trust.]]>
      </content>
      <pubDate>Sat, 06 Oct 2007 18:13:45 -0400</pubDate>
      <description>
        <![CDATA[Shaun,<br/><br/>Great post.   Always difficult to recover from a loss of trust.]]>
      </description>
    </item>
    <item>
      <title>The Bubble Theorists Have Shanghai Wrong</title>
      <link>http://seekingalpha.com/article/36457/comments?source=feed#comment-87104</link>
      <guid isPermaLink="false">87104</guid>
      <content>
        <![CDATA[I think it's a bubble just because &quot;everyone&quot; is on board.  But your excellent analysis certainly gives me serious pause.]]>
      </content>
      <pubDate>Sun, 27 May 2007 00:45:21 -0400</pubDate>
      <description>
        <![CDATA[I think it's a bubble just because &quot;everyone&quot; is on board.  But your excellent analysis certainly gives me serious pause.]]>
      </description>
    </item>
    <item>
      <title>Implications of Yum and McDonald's Foreign Labor Policy</title>
      <link>http://seekingalpha.com/article/31502/comments?source=feed#comment-83638</link>
      <guid isPermaLink="false">83638</guid>
      <content>
        <![CDATA[Am I missing something here?  I read the WSJ article to which this post links and I did not see any mention of a survey, much less the numbers listed here.  Would you please direct me to the correct link for this survey.]]>
      </content>
      <pubDate>Wed, 04 Apr 2007 10:09:01 -0400</pubDate>
      <description>
        <![CDATA[Am I missing something here?  I read the WSJ article to which this post links and I did not see any mention of a survey, much less the numbers listed here.  Would you please direct me to the correct link for this survey.]]>
      </description>
    </item>
    <item>
      <title>Chinese Discontent Only Minor Setback in Starbucks Growth Potential</title>
      <link>http://seekingalpha.com/article/29320/comments?source=feed#comment-82402</link>
      <guid isPermaLink="false">82402</guid>
      <content>
        <![CDATA[I completely agree.  Starbucks is dead serious about China and it is doing nearly everything right there.  I dropped three cups in one in Shanghai and they were immediately replaced.  Hell, I could have been at my regular store in Seattle (the U Village one that is always neck and neck with one in Tokyo for highest sales), it was handled so smoothly.  Starbucks in China will do just fine.<br/><br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </content>
      <pubDate>Tue, 13 Mar 2007 23:03:46 -0400</pubDate>
      <description>
        <![CDATA[I completely agree.  Starbucks is dead serious about China and it is doing nearly everything right there.  I dropped three cups in one in Shanghai and they were immediately replaced.  Hell, I could have been at my regular store in Seattle (the U Village one that is always neck and neck with one in Tokyo for highest sales), it was handled so smoothly.  Starbucks in China will do just fine.<br/><br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </description>
    </item>
    <item>
      <title>Beijing Targets Slower Growth in '07, Boosts Education and Health Spending</title>
      <link>http://seekingalpha.com/article/28673/comments?source=feed#comment-82068</link>
      <guid isPermaLink="false">82068</guid>
      <content>
        <![CDATA[Won't this increased government spending on social services itself serve to increase growth?  Is this not a way to prime the pump?]]>
      </content>
      <pubDate>Mon, 05 Mar 2007 08:38:27 -0500</pubDate>
      <description>
        <![CDATA[Won't this increased government spending on social services itself serve to increase growth?  Is this not a way to prime the pump?]]>
      </description>
    </item>
    <item>
      <title>Tortilla Plants in Shanghai? Warming Trade Relations Between Mexico and China</title>
      <link>http://seekingalpha.com/article/26855/comments?source=feed#comment-81390</link>
      <guid isPermaLink="false">81390</guid>
      <content>
        <![CDATA[I am also aware of a couple of Latin American fast food restaurants that have gone into China.  In many ways, this makes sense because these companies are used to operating at a lower cost structure than American companies.  The WSJ just did an article the other day on how so many South African companies are doing so well in China for the same sorts of reasons.<br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </content>
      <pubDate>Tue, 13 Feb 2007 09:47:03 -0500</pubDate>
      <description>
        <![CDATA[I am also aware of a couple of Latin American fast food restaurants that have gone into China.  In many ways, this makes sense because these companies are used to operating at a lower cost structure than American companies.  The WSJ just did an article the other day on how so many South African companies are doing so well in China for the same sorts of reasons.<br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </description>
    </item>
    <item>
      <title>Making Sense of Chinese Markets</title>
      <link>http://seekingalpha.com/article/26758/comments?source=feed#comment-81358</link>
      <guid isPermaLink="false">81358</guid>
      <content>
        <![CDATA[Nice post.  Very helpful.  Thanks.]]>
      </content>
      <pubDate>Mon, 12 Feb 2007 13:25:21 -0500</pubDate>
      <description>
        <![CDATA[Nice post.  Very helpful.  Thanks.]]>
      </description>
    </item>
    <item>
      <title>Exciting Opportunities for Biomedical Companies in China </title>
      <link>http://seekingalpha.com/article/25769/comments?source=feed#comment-80993</link>
      <guid isPermaLink="false">80993</guid>
      <content>
        <![CDATA[This is way too rah-rah.  I wish it were as easy as this makes it out to be, but it simply is not.  Because of this, I am very skeptical about the 80% cost saving figure.   Our clients consider themselves lucky to get anything even approaching 50%.  China is good for medical R&amp;amp;D and I have done a number of posts on this on my blog, but it is not nirvana.<br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </content>
      <pubDate>Sat, 03 Feb 2007 10:42:37 -0500</pubDate>
      <description>
        <![CDATA[This is way too rah-rah.  I wish it were as easy as this makes it out to be, but it simply is not.  Because of this, I am very skeptical about the 80% cost saving figure.   Our clients consider themselves lucky to get anything even approaching 50%.  China is good for medical R&amp;amp;D and I have done a number of posts on this on my blog, but it is not nirvana.<br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </description>
    </item>
    <item>
      <title>China's Banking Sector Looks Better with New Corporate Bankruptcy Law</title>
      <link>http://seekingalpha.com/article/16354/comments?source=feed#comment-62210</link>
      <guid isPermaLink="false">62210</guid>
      <content>
        <![CDATA[I do see the new bankruptcy laws (when they come into force in June, 2007) greatly helping the creditor banks, but I still do not see China's bank collection rates hitting those of the rest of the world, at least not in the short term.  Collecting on judgments is still too difficult for that to be the case yet.  <br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </content>
      <pubDate>Wed, 06 Sep 2006 00:14:10 -0400</pubDate>
      <description>
        <![CDATA[I do see the new bankruptcy laws (when they come into force in June, 2007) greatly helping the creditor banks, but I still do not see China's bank collection rates hitting those of the rest of the world, at least not in the short term.  Collecting on judgments is still too difficult for that to be the case yet.  <br/><br/><a rel='nofollow' target='_blank' href='http://chinalawblog.com'>chinalawblog.com</a>]]>
      </description>
    </item>
    <item>
      <title>UBS Takes a Step Into China (UBS)</title>
      <link>http://seekingalpha.com/article/12368/comments?source=feed#comment-52401</link>
      <guid isPermaLink="false">52401</guid>
      <content>
        <![CDATA[How long until they start making money in China?]]>
      </content>
      <pubDate>Wed, 21 Jun 2006 23:39:11 -0400</pubDate>
      <description>
        <![CDATA[How long until they start making money in China?]]>
      </description>
    </item>
    <item>
      <title>No Impact From China's Monetary Tightening So Far</title>
      <link>http://seekingalpha.com/article/12261/comments?source=feed#comment-52337</link>
      <guid isPermaLink="false">52337</guid>
      <content>
        <![CDATA[Private companies in China (which seem to be growing faster than the state owned entities) generally cannot get loans from Chinese banks in any event.  The relationship between the state owned banks and the state owned companies has always been murky.  This all makes me think the raising of interest rates in China is likely to have less impact than raising rates would have in other countries.]]>
      </content>
      <pubDate>Mon, 19 Jun 2006 22:06:15 -0400</pubDate>
      <description>
        <![CDATA[Private companies in China (which seem to be growing faster than the state owned entities) generally cannot get loans from Chinese banks in any event.  The relationship between the state owned banks and the state owned companies has always been murky.  This all makes me think the raising of interest rates in China is likely to have less impact than raising rates would have in other countries.]]>
      </description>
    </item>
    <item>
      <title>China: More Provincial Power Means More Profits</title>
      <link>http://seekingalpha.com/article/12049/comments?source=feed#comment-52306</link>
      <guid isPermaLink="false">52306</guid>
      <content>
        <![CDATA[I completely agree both that power is continuing to devolve to China's provinces and that this is going to be good for business.]]>
      </content>
      <pubDate>Sun, 18 Jun 2006 09:50:18 -0400</pubDate>
      <description>
        <![CDATA[I completely agree both that power is continuing to devolve to China's provinces and that this is going to be good for business.]]>
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