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Technology Stocks : Network Appliance
NTAP 108.96+1.5%3:59 PM EST

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To: kas1 who wrote (8300)6/2/2001 12:07:50 PM
From: gingersreisse  Read Replies (1) of 10934
 
Some experts consider the growing Chinese need for oil, and for imported grains to be a stabilizing force. Chinese are purchasing more cars which run on (imported) oil, and eating more (imported) foods.

Fruits and vegetables from Viet Nam, grain from Australia, Argentina, and the US, and meat from New Zealand have made China a significant trading partner for many nations. The political support of an emerging affluent class is key to the Red leadership. Losing their food sources and oil would not be helpful.

If I had to pick a destabilizing force in China, it would be that the PLA is almost obsolete, and could be wiped out in a day by the US, with submarine cruise missiles. Desperate military leaders are rarely rational, and they have the experience of Iraq and Yugoslavia to consider. Both were purchasers of the same USSR hardware which the PLA employs...

GSR
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