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Aug 31, 2005

The Chinese Wal-Mart

Hopefully China keeps investing in US companies.

I have been very worried about the Chinese for a long time. I had always suspected them of deep political motivations with their gargantuan trade surpluses, most of which they reinvest into US Treasury bonds. Most officials took up the party’s injunction to make money with considerable aplomb, chanting ‘Long live Chairman Mao’ all the way to the bank, so unless you were an American manufacturer or worker there was nothing to worry about. We all have to make our little

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