The Economist: Made in China - New, Improved and Stronger than ever

[TaiShang]

After Alibaba's better-than-expected earnings report Thursday, Goldman wants clients to buy Alibaba.

In a note Friday, Goldman upgraded Alibaba to "Buy" from "Neutral," with a 12-month price target of $98.

The price represents a 14% upside potential from Thursday's closing price of $86.



Read more: Goldman Alibaba upgrade - Business Insider

 

[Jlaw]

Surprise, the price of North American cars still cheaper

In my own experience doing business with China suppliers, to succeed in trading with Chinese suppliers, must choose the right ones among so many suppliers, made a wrong choice could lead to nightmare . Alibaba made our choice harder when they sold so many Gold Trustpass cert to anyone who agree to pay few thousand dollars a year.

What does this have to do with the average Canadian autoworker making over 60k/year? The price of vehicles is based on market demand and government taxes.