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Strategies & Market Trends : Asia Forum

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To: GuinnessGuy who wrote (819)	1/14/1998 11:20:00 AM
From: Mohan Marette	of 9980

Carig, Could this be a form of 'double entry' booking keeping system that the West follows so diligently <ggg>. I am of course refering to the following passage from your post. <<<<<"The Chinese obviously know they are in trouble. A report in Hong Kong's Ching Chi Tao Pao reports that the State Planning Commission is grappling with the problem of China's "hidden debt." According to a report by the Commission, much of China's foreign debt is not recorded by the State, because of false reporting designed to hide borrowing.>>>

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