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Strategies & Market Trends : Greater China Junior Stocks

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To: Condor who wrote (327)	10/19/2003 9:30:22 AM
From: Julius Wong	Read Replies (3) of 1992

I am a professional engineer. From an engineer's perspective, a country must provide a stable and reliable infrastructure before substantial industrial development. From 1993-2003, the President of PRC, Mr.Jiang, and the Premier, Mr. Zhu were trained in electrical machinery and electrical engineering. They planned and developed a sound infrastructure in China to support industrial development. However, the speed and the amount of foreign investment funds poured into China exceeded all expectations. Money can move at much higher speed than the design and construction of power plants, the exploration and developing mineral resources, and other forms of resource requirements. The Chinese government must maintain and expand the infrastructure to meet the needs of rapid industrial development. The current Chinese leadership that took power in March 2003, Mr. Hu (President of PRC) was trained in a water resources, and Mr. Wen (Premier of PRC) was trained in geology. I think they have good appreciation on industrial development processes.

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