Washpost,July 18, 2008 page D7: General Motors said one of its Chinese joint ventures has begun exporting Chevrolet minivans to Peru, adding to global automakers' small but growing vehicle exports from China. The Chevrolet N200 minivans are made by SAIC-GM-Wuling and will be sold through Chevrolet's dealer network in Peru. A handful of global automakers export vehiclaes from China. Most production in the country is aimed at the fast growing Chinese market.
Steven Pearlstein wrote: There is plenty of bad news ahead as we learned from those bubbles at Merrill Lynch($4.65 billiion loss in 2nd quarter). In economics as on the Shakespearean stage,the only thing more dangerous than assuming the best is for everyone to assume the worst. My comment: Assumptions are assumptions from the mindset. That varies with individuals,indeed! Capital One,the Credit Card giant cites rise in defaults: Profit plunges 40% for the McLean financial giant.
Robert Louis Stevenson said: "Keep your fears to yourself, but share your courage with others." I also remember the expression: The world is full of a number of things that we should always be as happy as kings. But the Kingdom is NOT in the mundane world. It is a big world and our awareness of it explodes into new territory with fascinating new avenues to come. Some say cold air weakens your immune system but others say it is the constant contrast: hot,cold,hot,cold. Such cyclical realities may be applicable to life with sweet and sour days for varieties and changes of taste. Hehehahahoho all the way and we shall live to be centenarians. Amen!
Francis Shieh a.k.a. Xie Shihao,a lifelong student of philosophy,economics,English and Chinese languages. The more I learn,the more I feel like to learn. To live and to learn would be the making of a learner for life. July 19, 2008
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