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Another port deal: Mexico, China, Wal-Mart.



The Hong Kong-based shipping company Hutchison Whampoa Hutchison Whampoa Limited or HWL (Traditional Chinese: 和記黃埔有限公司, HKSE: 0013  Ltd. and retail giant Wal-Mart Stores Inc. are partners in a new $300 million expansion of Mexico's Pacific port of Lazaro Cardenas, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a February 12 report from Reuters news service. Since U.S. west coast ports are becoming clogged with container ships filled with made-in-China goods, Wal-Mart and its Chinese suppliers are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 new ports to bring their wares into the United States. The expansion project, reportedly, would increase Lazaro Cardenas' current annual handling capacity of 100,000 containers to 700,000 containers over the next couple years, with possible expansion to two million containers.

Hutchison Whampoa Ltd. is run by Hong Kong billionaire Li Ka-shing, whose business empire is intertwined with companies that front for the communist intelligence and military arms of the People's Republic of China, such as the China Ocean Shipping Company (COSCO COSCO China Ocean Shipping Company
COSCO Colorado Scientific Company (Denver) 
), China Telecom, and the China International Trust and Investment Corporation (CITIC CITIC China International Trust and Investment Corporation ). Li Ka-shing, a key agent in China's global agenda, controls key ports around the world, including the ports at both ends of the Panama Canal.
COPYRIGHT 2006 American Opinion Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
madmilker
madmilker (Member): less jobs for Americans 11/14/2009 9:58 PM
People in America need to realize jus what got America in this shape…"cheap" yes so-call cheap items from a foreign land.

quote*Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China. *end quote!

Now! if there be 182 country’s making items for the world to buy and they have only 5% of the pie in China…duh! This company makes the nice people of China support their currency(yuan) by keeping it in their country working for the people there…. but with the “yuan” going up in value and the US dollar going down…all the foreign items that the American consumer buys thinking it is cheap has went up in price.

People…its all about the currency and to keep a currency strong you got to keep it floating around the country you live in so it can work for you. For the past 12 years all them US dollars are being shipped overseas to a foreign bank and with the American worker not making anything for the foreigner to buy the “we the people” have to turn to the “second” largest employer in America(Uncle Sam) to sell “we the people” debt in order to get all them dollars back!

50 years ago a foreigner would had given their left nut for a US dollar or a Hershey’s chocolate bar and today the same foreigner has got Uncle Sam and the American consumer by both all the while Hershey is moving the chocolate factory to Mexico. Wake up! America and think “MADE IN AMERICA.”

quote*"Considering that there are over 30,000 ships at sea this morning," writes James Carlton, director of the Williams College-Mystic Seaport Maritime Studies Program, in an e-mail, "the total number of organisms and species in this global 'bioflow' on the morning your readers read your piece could be staggering - billions of individuals, and thousands of species."

Indeed, scientists have long considered ballast water the primary way invasive aquatic organisms are introduced. From the zebra mussel's arrival in the Great Lakes, to an American jellyfish severely disrupting Black Sea fisheries, the potential costs of accidental introduction of a species to new homes can be tremendous. Aquatic invasives cost the US $9 billion yearly, according to estimates by David Pimentel, professor emeritus of ecology and evolutionary biology at Cornell University in Ithaca, N.Y. Zebra and quagga mussels (a cousin to the zebra) alone cost the $1 billion annually.*end quote!

tat is $9 billion a year in hidden taxes to all Americans...
cheap ain't chic and it cost America............jobs!

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Title Annotation:Hutchison Whampoa Ltd. partnered with Wal-Mart Stores Inc. for expansion of Mexican port
Publication:The New American
Article Type:Brief article
Geographic Code:9HONG
Date:Mar 20, 2006
Words:182
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