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Name: helper4u Email:nowhere@nowhere.com [Copy link] 中文

anonymoustext  Post time 2008-10-21 07:27:02
The answer to the economic problem for China is to stimulate the domestic
economy by intruducing a higher "minimum" wage that is equal to the consumption difference of the export losses. Of course an introduction of a minimum wage will produce job losses, for the short term, but the objective is to create a bigger economic prymid which people can spead for the goods which can raise the prices to reflect the difference in export.

Another answer is to raise prices on most export goods to reflect the slow down, but if the company is in a contract for certain goods, future contracts should reflect the difference in export slow down by increase in price.

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