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Technology Stocks : C-Cube

CUBE 36.31

-0.9%

Dec 8 3:59 PM EST

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To: CPAMarty who wrote (25867)	11/29/1997 1:26:00 PM
From: John Rieman	of 50808

China: Foreign investment up............................... chinadaily.net chinadaily.net Bejing's construction problems a result of unregulated development. It's being addressed................... chinadaily.net Decisions on how to deploy resorces in a socialist market economy..................................... chinadaily.net It may take a couple years, but even Southeast Asia will be stronger............................. chinadaily.net chinadaily.net chinadaily.net Banking problems are real bad in China. Nonproforming loans to State own businesses are way high. This is being addressed................. chinadaily.net China started this year with a plan to bankrupt a large number of companies. They are consolidating their resources and forming larger companies that can achieve cost reductions/productivity gains. Some workers are laid off. The economy is growing, close to 9% even after all the done this year. Next year, and years after projections are over 10% growth.

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