Compaq Message Board - Msg: 3618555

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Technology Stocks : Compaq

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To: Night Writer who wrote (19806)	3/5/1998 10:33:00 PM
From: Loki	Read Replies (1) of 97611

NW... China (PRC) Market.. Taiwan is also China PRC has be over estimated as near term consumer market by many western firm for years. PRC (no consumer cash) wants to export labor and West wants to import products (need cash). The government has been hoarding dollars for the last 7 years. Do not exactly know how this will play out. Hand assembly is often less expensive than automation. Doctor earns 160 - 300 per month. Wonder what will happen to investments in Shanghai. (80% of a world's construction cranes are there building skyscrapers) My last visit was in end September 97. They are building an infrastructure to do business with the west. Shanghai-North (Mandarin) Hong Kong-South (Cantonese). Yuan(Riminbi)/HK$ devaluation will happen. It could be 1-10 years. This will interesting to watch. Loki

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