And where do you think they got all this cash to buyout all these assets? In the last 5 years if not more their GDP increased 10 to 12 percent annually Might have this wrong- quarterly?) . Thousands of Canadian, American, European businesses took there factories wholesale to re-establish them in China. China grabbed their factories and technologies that went with it promising cheap labour. And they got it. You hear about designer golf shirts, as an example, etc., etc. condoms as another. Is there a condom factory in Can or in USA? I mention this because a book titled ---------( I can't find the book in my library right now; somebody out there may know it - I'll look further and send it on if requested), is about a rubber factory being built in China by an American company. They never mention condoms but that is what it is.

There are 2 markets involved here. The domestic market where the average income monthly is 1250 Yuans. (The currency ratio is 7:1 US). The Americans build a factory, any kind; the Chinese manager runs the company as an assistant, but the Ameerican supervisor only visits his factory onceevery 6 mo (unless there is an emergency). Down the road a-ways the Chinese manager builds his own duplicate factory and manufactures the same item for domestic purposes. They are fantastic and accurate copiers. Talk about Nike, Callaway, Aquascudum, Ralph Loren, Polo, etc you name it golf shirts. Price for a quality "copy" shirt is 50 Yuans. A golf hat is 10 Yuans; Ferrari caps, Taylor golf cap, any caps you ever heard of. Here in America they scoff at these so called "copys", but in fact they are the same product. Where do you think golf clubs are made! You would be surprised if I told you what a set of Callaway irons cost over there. On top of that these merchandizers are making a profit because I am talking about over the counter consumer people prices.

American (and Canadian) who are running our companies are responsible for factories and labour being shipped out to foreign countries like China and India. Ever call Dell to help with a computer problem!. Who do you get ! Some Indian person who I can't even understand when talking. I give up. And these executives expect bonuses that created this economic mess we're in! Give me a break.

Are there any textile factories left in USA? You can probably think of many other products; how about computers. Every time I look at labels of something I buy it says Made in China.

They don't believe in copyright. Patents? What's that!

So where in the end did China get all this cash to buy up the world? Good ol' USA business smarts. Outsource everything let the Americans find a real job.

I lived in China from 2005 to 2006 - I year.