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Old 04-06-2004, 07:09 PM   #37
marichiko
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tw, my main point is that China is not playing by the same rules we are. The Chinese government shoulders labor costs as ours does not. Chinese banks with government bacikng offer Chinese businesses loans at lower interest rates than the ones available to US companies. Many Chinese industries are still protected by restrictions against the import of foreign goods. Our industries lack equivalent protections. It is NOT a level playing field where China is concerned.
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