"Interesting point. Good protection so long as the renminbi stays locked on the tail of the USD in its power dive..."
astral, I'm not sure where else you might suggest a *global* company could manufacture and be price competitive everywhere including the USA?
China, Brazil, Romania pretty much covers the lowest cost juristictions. India or Africa maybe but the transport cost probably negates any fractional labor advantage!
There seems to be a fear factor surrounding NTZ that doesn't fit the facts. Name another company in the same line of business that has a chance to win against NTZ globally over the next 10 years, with similar... global penetration, financial muscle, aligned management and as cheap?