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 Winners and losers |
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guess
[博客]
[个人文集]
游客
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作者：游客 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
This just in from WSJ:
"internal documents from IBM indicate that for internal IBM accounting purposes, a programmer in China with three to five years experience would cost about $12.50 an hour, including salary and benefits. A person familiar with IBM's internal billing rates says that's less than one-fourth of the $56-an-hour cost of a comparable U.S. employee, which also includes salary and benefits. ".
Another article analyzing the impact of China mentioned that 80% of Alcatel's
product will compete against Huawei, and that's bad news for communication
company's pricing power and margin. Cisco won't be immune, either. The good,
old, fat days for the telecom/network equipment industry are forever gone.
Programmers and engineers, especially the expensive ones, will either got cheaper
or be gradually extinct in the US.
Wheeler-dealers, brokers, bankers, BS artists and operators
will thrive in this fast-changing new envrionment.
(don't they always do?  Interest rate and inflation will stay
low for an extended period of time. China's admission to the WTO
in Dec 2001 will be remembered as the watershed event for this exciting
new era, till RMB and the buck reach parity
作者：游客 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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 Winners and losers -- guess - (2452 Byte) 2004-1-19 周一, 11:06 (755 reads)
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