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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.37

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Dec 2 3:59 PM EST

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To: H James Morris who wrote (127573)	7/1/2001 5:24:52 AM
From: craig crawford	Read Replies (1) of 164684

False Hope Investors expecting WTO membership to buoy China's stock markets may be disappointed interactive.wsj.com By Neil A. Martin After 14 years of trying, China will finally be admitted into the World Trade Organization, perhaps as early as this fall. WTO ministers meeting in Geneva last week hammered out most of the difficulties between the Asian giant and the organization's member countries. Only Mexico, which fears increased competition in exports from an empowered China, continues to voice harsh objections. ......................................................................................................................... China's red-hot domestic stock markets -- the second-largest in the Asia Pacific region, after Japan, with a combined value of more than $600 billion -- seem to share no such skepticism, however. So far this year, the B shares on the Shanghai and Shenzhen markets -- that is, the shares that until recently were reserved for foreigners -- are up 143% and 168%, respectively. Indeed, B share prices have risen almost nonstop since February, when they were opened up to previously barred local investors with hard-currency bank accounts.

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