On Fri, 23 Nov 2007 08:30:11 -0500, Eisboch wrote:


It quickly became very clear that there was little or no interest in
acquiring technology for products intended for internal consumption
within China. They were more interested in developing external markets
for products produced with equipment supplied by others, primarily the
USA, Canada, Great Britain and, to a degree, Germany. They wanted the
technology but also wanted "joint venture" agreements whereby the
company supplying the equipment would also set up distribution for the
products in these high consumer demand countries.

Well, you can't blame them for looking for a sweetheart deal. ;-( When
Nixon first went to China, I thought it was a good idea. I figured, as
many did, mutual trade would limit any Chinese threat. Now, I'm thinking
they may be more of a threat.

wrote:
On Fri, 23 Nov 2007 13:50:43 -0000, wrote:

Well, you can't blame them for looking for a sweetheart deal. ;-( When
Nixon first went to China, I thought it was a good idea. I figured, as
many did, mutual trade would limit any Chinese threat. Now, I'm thinking
they may be more of a threat.

China has a culture older than the Egyptians. They understand slow and
steady. I imagine they figured out, about the time they were throwing
away their little red books, that they couldn't beat us so they would
just collect enough dollars to buy us out. The are well on the way.
They have enough to crash our economy right now. In 10 years when we
are totally upside down, they could call the debt and forclose.

China is a modern society, originating within the last 2000 years. The
Egyptians were building pyramids 5,000 years ago.