On Sep 15, 2010, at 5:08 PM, Vickram Crishna wrote: > I wasn't referring to the ownership patterns of their companies, where indeed > many are as you say, crony billionaires. > > The Chinese mastery of capitalism lies in their manipulation of currency > markets, buying US Treasury bonds to hold the renminbi exchange rate, keeping > Chinese exports going and ensuring that others cannot compete.
*Chop* > Still, all this is really OT to understanding whether to use nomenclatures > like 'capitalism' without qualifiers should be included in an acceptable > definition of 'public' software. Yes, it is OT. The Reminibi is undervalued by 15% in the least according to many estimates. But what is stopping the US to hoard up on the Reminibi? It will make things more difficult for China. I smell collusion. Cheers, Amol _______________________________________________ network mailing list [email protected] http://lists.fosscom.in/listinfo.cgi/network-fosscom.in
