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Strategies & Market Trends : Asia Forum

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To: Jim S who wrote (9006)8/3/1999 1:22:00 PM
From: Hawkmoon  Read Replies (1) of 9980
 
Just to clarify, Ron, I presume you mean the Argentines invaded the Falklands to avoid scrutiny of their domestic failures, not the Brits when they retook the islands, right?

Yes. The Argentininan Junta of military leaders were catching a lot of flack for their economic failures as well as revelations of widespread use of torture and "disappearances" against certain individuals who they thought posed a political danger to them.

The solution? Go to war with Britain over a long-standing, but politically unifying, dispute over soveriegnty of the Falklands (as well as all of those suspected oil reserves... :0).

China's other options could be to start a ruckus over the Spratly's where the Phillipines have already sunk a Chinese fishing vessel, rather than getting into a Taiwanese fracus that would inevitably draw in the US.

Or we could see China encourage/tolerate N. Korea's mindgames to stir up a bit of tension in the region.

But what is really the solution is permitting foreign ownership of Chinese companies and property. This is anti-thetical to many Asian govts determination to keep the round-eyed devils from colonizing their nations again. But what they fail to understand is that just because foreigners own real estate, buildings, or factories in a foreign country, there is NO WAY they can ship that property out of the country. Sovereign nations ALWAYS have the final right to nationalize foreign property should things get out of hand.

All foreign investors expect is a rule of law that protect individual property rights and leads to transparent markets.

China would then see HUNDREDs of billions flow into the country and resolve those glaring unemployment problems.

Regards,

Ron

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