[oceanview]

even japan hasn't removed such barriers - but at least their currency floats so their goods are priced in 1st world dollars, and so are their wages (actually, much higher then US wages) and standards of living.

for now, give me a 40% revaluation of the Yuan for starters, and I'll be happy. Because a 40% revalue will force the "china centric" approach of the US tech industry to be reassessed quickly - they will refocus on expanding in the US, and we can actually see some decent job and wage numbers as part of our economic recovery here, instead of exporting 9% GDP growth to china.

[maui_hawaii]

Japan's heyday and China's heyday are two different times. We are in the information age...the world is much closer and people are more aware of things....

China won't get away with as much as Japan did.

[bill1952]

and so are their wages (actually, much higher then US wages)

Which is why they are looking to build light truck facilities right here.