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China trade: The 'Dalai Lama Effect'(-8.1% in 2 yrs?)
CNN ^ | 11/04/10 | Jo Ling Kent

Posted on 11/04/2010 6:21:03 AM PDT by TigerLikesRooster

China trade: The 'Dalai Lama Effect'

By Jo Ling Kent, CNN

STORY HIGHLIGHTS

* Study: Countries that meet with the Dalai Lama lose 8.1 percent in exports to China
* Effect lasts for two years following the meeting with the exiled spiritual leader
* The "Dalai Lama Effect" began in 2002 when President Hu Jintao took office
* Only impacts trade if meetings are between a head of state and the Dalai Lama

Beijing, China (CNN) -- Countries whose top leadership meet with the Dalai Lama, Tibet's exiled spiritual leader, lose on average 8.1 percent in exports to China in the two years following the meeting, according to a recent study.

Called the "Dalai Lama Effect," the study by the University of Gottingen in Germany found the negative impact on exports began when President Hu Jintao took office in 2002.

The study is the first empirical analysis demonstrating the economic consequence of such meetings. Machinery and transportation equipment exports suffered the most consistent negative impact, following meetings with the 14th Dalai Lama, according to study authors Andreas Fuchs and Nils-Hendrik Klann.

"We wanted to find out the impact of the rising role of China in the world ... to find out what we should expect of China's role in the world in the coming years," researcher Fuchs told CNN. "It is clear that politics has played a huge role in China's commercial relationships."

(Excerpt) Read more at edition.cnn.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: chicompropaganda; china; dalailama; export
Oh, well, Dalai Lama can threaten to visit some country, which could pay him off to avoid wrath of Chicom. Then he can use money to bankroll his exile movement. Just a thought.:-)
1 posted on 11/04/2010 6:21:07 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 11/04/2010 6:21:57 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster; Tainan; hedgetrimmer; Unam Sanctam; taxesareforever; Avenger; prion; Iris7; ...

P!


3 posted on 11/04/2010 7:03:17 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

ChiCom pettiness. They just hate it when anything highlights what brutal barbarians they are. Their karma is building up like the waters behind the Three Gorges Dam and someday it will wash over them like a tidal wave.


4 posted on 11/04/2010 2:08:51 PM PDT by TigersEye (Who crashed the markets on 9/28/08 and why?)
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