tag:blogger.com,1999:blog-10698887.post113227307112289469..comments2023-10-22T18:25:39.688+08:00Comments on The View from Taiwan: Taiwanese manufacturers face fallout from Renminbi riseMichael Turtonhttp://www.blogger.com/profile/17974403961870976346noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-10698887.post-1132426565268070432005-11-20T02:56:00.000+08:002005-11-20T02:56:00.000+08:00carr,if you own a building in a country, and the p...carr,<BR/><BR/>if you own a building in a country, and the price does not change.<BR/>when you sell the building and convert to another currency, or when you report in your balance sheet, outsdie the country. the value is higher.<BR/><BR/>this can be booked as extraordinary profit.<BR/><BR/>---<BR/>who said everyone is selling. everyone was selling when the currency crashed in SE Asia in 1997-98 (herb effect). that was the reason many people blamed Lee Tenghui for coercing them to invest in Indonesia/Philippines in early 1990s.<BR/>no one is selling is currency appreciates, because some people expect more appreciation.Sun Binhttps://www.blogger.com/profile/08093210384069958083noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1132312523889701582005-11-18T19:15:00.000+08:002005-11-18T19:15:00.000+08:00What Julia link? What are you talking about?What Julia link? What are you talking about?Michael Turtonhttps://www.blogger.com/profile/17974403961870976346noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1132303091027284012005-11-18T16:38:00.000+08:002005-11-18T16:38:00.000+08:00please take the Julia link off your pageplease take the Julia link off your pagejuliahttps://www.blogger.com/profile/06495896695404262895noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1132278160395752952005-11-18T09:42:00.000+08:002005-11-18T09:42:00.000+08:00How can factories and buildings appreciate if the ...How can factories and buildings appreciate if the profit that they carry decrease? How can you sell it at an high price when everybody is selling?<BR/><BR/>Appreciation of Renmibi is just a good way Chinese government can continue buying companies overseas and US governmental bond.Carrhttps://www.blogger.com/profile/01807826053923899970noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1132277836785065922005-11-18T09:37:00.000+08:002005-11-18T09:37:00.000+08:00there are two sides of the coin.the assets that ta...there are two sides of the coin.<BR/><BR/>the assets that taiwanese investors hold (factory, buildings/etc) automatically appreaciate.<BR/><BR/>so the question is, are they able to increase price of their products. if they can, then they win more than lose.<BR/><BR/>remember the 1997 currency crisis hurted taiwanese investors a lot. so maybe appreciation is a good thing.<BR/><BR/>india is too far away, with complicated regulation. vietnam or philippines ar more convenient.Sun Binhttps://www.blogger.com/profile/08093210384069958083noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1132276625361515142005-11-18T09:17:00.000+08:002005-11-18T09:17:00.000+08:00Interesting article about Bangalore's declining fo...Interesting article about Bangalore's declining fortunes over on Asia Times Online this week:<BR/><BR/>http://www.atimes.com/atimes/South_Asia/GK10Df03.html<BR/><BR/>Thoughts?Jasonhttps://www.blogger.com/profile/09759067282582187193noreply@blogger.com