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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (79321)3/12/2001 9:22:57 PM
From: TobagoJack  Read Replies (2) of 436258
 
<<nice mini-bubble that has taken shape in mainland China's stock markets. completely unruffled by events in the outside world as it were.>>

The story is a familiar one, healthy domestic demand, infrastructure/investment led (highway, cyber highway, ports, airports, 80 mm new phone lines per year added) 8+% growth, low inflation, stable politics, supported banks.
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