Saturday, March 24, 2007
Intel marks China's assembly shfit
China's economy is moving up the value china, as witnessed through semiconductor sector and China growing car business
China realizes labor intenstive business is not sustainable business model.
Intel recently plans to build $2.5 billion IC manufacturing plant in Dalian. China's care business has gone from total reliance on imported parts to heavy use of components made and desgined at home.
The changes in China might change the world economic landscape. What will concern U.S is shift that China companies are investing more in U.S companies, instead of U.S companies investing in China companies.
http://online.wsj.com/article/SB117458648197945722-search.html?KEYWORDS=intel+china&COLLECTION=wsjie/6month
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