James Lewis

Asian Production Networks: China's Exchange Rate Policies Could Hamper Their Growth

Bascially China is taking market share and forcing the global inbalances onto other countries. Just everyone is too stupid or to scared to see it.

China should not be a viable option for high-labour intensive manufacturing compared to other countries like Vietnam. The fact they are (whilst being the second richest country in the world) is fully illustrative of the serious problems we have. The exact problems free trade was meant to address.

I am amazed at the fact that China is being allowed to keep hold of their dollar peg. While others like Japan and Korea are being forced to take the hit. Makes me wonder how many Japanese and Korean bosses have their factories in China now days. Talk about selling out your country. For all the talk of nationalism in Asia in countries like Japan and Korea ,all I can see is Greed.

China would never sell itself out like other countries have....
Maybe there is a reason why China has been the Tiger of the East for so long.