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ADVANTAGE POINT FOR CHINA.
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ADVANTAGE POINT FOR CHINA.
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ADVANTAGE POINT FOR CHINA .
Finally Chinese goods are replaced from the shelves of US primarily followed with other economies. Chinese Exports fell 20.5% to US$957.36 billion. One of the prime reasons for such a decline is the falling dollar. More the dollar will fall the more costly the export will become. Trade value between China and the country's three major trade partners, the EU, the U.S. and Japan, was US$292.42 billion, US$239.36 billion, and US$182.34 billion in the first ten months, down 18.7%, 14.9% and 19.3%, respectively.
In one way US have gained a lot due to this prime factor.
- US have been able to increase its consumer consumption. The consumer index showed much improvement in the first 10 months of 2009.
- This have given boost to the manufacturing sector of US giving them space to produce and sell their own good to their own people, replacing exported goods.
So in the coming days as more dollar will remain under the deep bottom levels the more one will see decline in export
FOR REST OF THE ARTICLE PLEASE CLICK THE LINK BELOW.I WANT YOUR COMMENTS SINCE ITS A VERY SERIOUS ISSUE.
http://ianalysis.blogspot.com/2009/11/advantage-point-for-china.html
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Jyoti Rath
| Commented
| 2 years ago
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Chinese currency is getting power because of falling power of US economy. But another thing Chinese have is their cheap products which is penetrating into every market. Because of this, they, today are in an advantageous position...
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Kailash Thakur
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| 1 year ago
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china,being the largest populatio country in the world,went for small scale industries in china mainly export=orinted goods to fetch foreign currency,which led china a premier cheapest goods manufacturer country in the world,so India Govt should...
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Yes
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Manish Gaurav
| Argues in support of
"Yes"
| 2 years ago
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If you see the picture above what does it say...i mean what Obama is telling by his gesture... "Ok I see...So you are the one who is trying to penetrate into the Amarican Dignity of Power and looking for a chance to put us on backfoot" And we...
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Yash Singh
| Argues in support of
"No"
| 2 years ago
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Obama is smart, like most American, he will not prefer India over China. You don't fight with your banker !What appears on the surface of the Beijing reports should not guide or misguide India. The fate of the country is in the hands of its...
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Purvi Ghosh
| Argues in support of
"Yes"
| 2 years ago
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It was a mistake of our govts who are distance our relationship with Russia just kneel down to US for their sympathy.The President's intentions on India are not clean and is dark. That is why India is low on priority was not visited along with...
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(rate this)
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Yes
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1
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No
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Yash Singh
| Argues in support of
"No"
| 2 years ago
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In my opinion China wont do a military adventure beyond its borders. The only reason that China building its military machine at an annual cost of more than US$60 billion is to intimidate its neighbors.
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shivanand shenoy
| Argues in support of
"Yes"
| 2 years ago
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YES, AS SEEN SINCE 2007 THERE HAS BEEN FALL OF EXPORTS FROM CHINA TO OTHER COUNTRIES,SHE HAS FOUND NEW HUGE WEALTH OF LITHIUM ORES IN TIBET( HENCE FAST RAIL BUILD UP TO IT ,PRESSURE TO CONTAIN YUAN CURRENCY IN ITS LIMITS ,ADVENTURE OF MILITARY...
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