Hello DJ, just got back to HK.
<<>>I went to the countryside of Yichang ...traveling on a stretch of a new superhighway under construction...<< The infrastructure (european hispeed trains, Maglev connection of Shanghai airport...) is being built up in China.
So: China needs infrastucture & has capital - and evidently lots of it - to build it. Where does it come from?>>
China economy is actually more self contained than the Japan and Taiwan's of this world, and thus I keep characterizing it as 'continental economy'. Much of the capital is internally generated or printed, with seed capital coming from overseas, mostly from offshore Chinese. I believe China actually imported its currency printing press from the US - the best and fastest, no doubt :0)
<<>>I do not actually agree with my friend on this point entirely. << You dont agree with me or with CB? Or both?>>
Well, I was actually thinking of the friend that e-mailed me his view on things. But if CB or you agree with him, than I am disagreeing with you:0)
<<Taiwan capital has been shifting (lately? for the last few years?) its attention in significant way from the US consumer to the main land.>>
Probably not, as Taiwan invested plenty in Silicon Valley as well. Taiwan is simply wealthy.
<<I assume Japan does not play a major role for several more or less well-known reasons.>>
Japan is important, now.
<<NMD>>
NMD has major technical, strategic, diplomatic and timing problems, and is therefore a red herring. Best of luck to the buyers.
Chugs, Jay |
