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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (59022)1/17/2005 11:45:15 AM
From: RealMuLan  Read Replies (3) of 74559
 
>>It can be the case as the old Chinese guard dies out, Chinese will get more easy to seat and talk with westerners <<

elmat, you miss the point why China cannot and will not sit as an equal with G7 for many years to come. It is not due to them -- the so-called "old guard", it is due to the fact that 4-5 Billions of poor Chinese farmers are among the poorest people on earth! And it will take decades to lift them up like the poor people live in G7. That is the point.
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