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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (4910)10/19/2001 1:17:33 AM
From: Lee Lichterman III  Read Replies (2) of 33421
 
Agree China is a tough one for free flow of information. Their agreements are also always extra plyable. -g-

History has shown they tend to make a deal then will change the aggreements at will as they go. Donald Sew backed that up when we discussed it as he saw it first hand in his shipping experience.

Still as you say, they aren't going away, have a younger generation that is more capitalistic than the old regime and could be like buying the beginning of a civilization that already has all the infrastructure basically built. Cheap labor has many of our corporations moving in to take advantage which will only better standards of living thus consumption of the higher margin type items.

Unfortunately by the time the US markets open a tracker for the China index, it will probably be like the DOX or IIX for the internets and mark a top.

Good Luck,

Lee
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