Two Sides of Renminbi Appreciation

choi

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David Barboza, Currency Fight With Chia Pits US Businesses Against Each
Other. New York Times, Nov. 17, 2010 (title in the print).
http://www.nytimes.com/2010/11/17/business/global/17yuan.html?_r=1&scp=1&sq=china%20sock&st=cse
("His [Yang's] facility can churn out 5,000 pairs of socks every hour at a
cost of about 25 cents a pair * * * Analysts say those socks retail in the
United States for about $2.99")


Note:
(a) Zhuji 浙江省绍兴市 诸暨市
(b) Shuangjin Knitting and Textile Co., Ltd. 诸暨双金针纺织品有限公司
http://www.sjsocks.com/

YANG Tiefeng 总经理 杨 铁锋

(c) Dora the Explorer
http://en.wikipedia.org/wiki/Dora_the_Explorer

--------------------------Separately
Keith B Richburg, As U.S pushes China on currency, small manufacturers say
they're already hurting. Washington Post, Oct. 31, 2010.
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/31/AR2010103104433.html
("Unlike Guangdong province in the south, which has largely shifted to
producing higher-end, higher-tech products such as cellphones, laptops and
iPads, Yiwu has emerged as the center of China's small-scale, low-end
manufacturing - socks, zippers, batteries, plastic baby toys, inflatable
swimming pools.")

My ciomment: Hey, money is money. Earn it wherever you can.


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choi

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Michael Wei and Stephen Engle, For China's Toymakers, an Unwelcome Gift. Bloomberg BusinessWeek, Nov. 11,
2010.
http://www.businessweek.com/magazine/content/10_47/b4204032356595.htm

Note:
(a) Jiangsu Zhongxin Toys 江苏开元 众鑫 玩具有限公司
(b) Guosen Securities 国信证券
www.guosen.com.cn
(c) Zhejiang Huangyan Hongfan Toys Factory 浙江 黄岩 弘帆 玩具厂
(d) Shantou Meichang Plastic Factory 汕头市潮阳区 美昌 塑料有限公司
(e) Shanghai Master Plastic Products 上海 美欣 塑胶制品有限公司
(f) Early Light International Holdings) Ltd. 旭日国际集团
(g) Dalian Pony Toy Co., Ltd. 大连 小骑士 玩具制造有限公司 (the report
missspelled it as Ponytoy)
(h) Zhejiang Sunny Import & Export 浙江 盛力 进出口有限公司


【 在 choi 的大作中提到: 】
: David Barboza, Currency Fight With Chia Pits US Businesses Against Each
: Other. New York Times, Nov. 17, 2010 (title in the print).
: http://www.nytimes.com/2010/11/17/business/global/17yuan.html?_r=1&scp=1&sq=china%20sock&st=cse
: ("His [Yang's] facility can churn out 5,000 pairs
: (以下引言省略...)

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