- Joined
- May 20, 2009
- Messages
- 5,133
- Likes
- 746
Frankly speaking, CHina now needn't foreign fund at all ,because the only that China is not short of now is fund.BG,
You are mixing up things aren’t you?
Who says dell will in one go leave the PRC as was done by google, it’s a slow process and if true then rest assured they will be out quietly with in a year’s time or so, the motive of our PM to have this go public was simple and that was to set the cat amongst the pigeons, lets see the impact, it will be out in the next few days.
They will not loose out on the billion dollar sales which is growing each years as the figures show for the mainland china. The manufacturing, sourcing and supplying markets will be changed and they will export their product line to the PRC from that host country so the sales will happen and will keep growing, mind you a brand like dell doesnot sell as much on the cost factor but more on the brand image it carries and the customization they bring about to their products for that extra price.
Sourcing of business to the tune of 25b usd is minuscule as per industry standards of the PRC and that wont be the impact, the real impact will be when more and more companies follow the suite and take public stands on either the PRC bow down to them or they are out of it and if the PRC then will not be ready to listen to them then my friend rest assured you will have a chain reaction as we call in hindi – “bher chal”, and that is when the panic will set in and the real impact felt. New for you since you guys are not exposed to such things in a country where state controls everything but mind you people and companies coming from free world think much freely and hate being controlled endlessly by the state, and have the balls of taking on the system even if it means taking on the PRC and rest assured if it is a mass call in the end your very own government will go down on its keens and listen and do all that these companies want and hell you will request google to come back.
As for godaddy, ohimalaya they host domain names and “.cn” is hosted by them which is huge. Think of it, what would you like your site as .com or .cn?
Instead, what CHina is worried about mostly is how to invest its own thick checkbooks effectively.
the harsh fall of international trade also proved that Chinese economy growth is not as reliable on trade with west as many guys thought.