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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off
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To: Jim Lou who wrote (86)1/2/1998 9:19:00 PM
From: Tony van Werkhooven  Read Replies (1) of 257
 
I think the risks in China, while accentuated by the crisis in other parts of asia, will be different. In large part the greatest risk in China will be a slowdown (relatively) of the growth rate to such an extent that it cannot absorb the layoffs resulting from corporate restructurings.

With less direct and indirect investment in 1998 and increased competition with other asian countries, the rik of turmoil has definitely increased.

With respect to BYH, I have not seen any earnings reports since the ADR issue- have you seen any information?

Thanks
Tony
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