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Technology Stocks : C-Cube
CUBE 35.90+0.2%Dec 26 9:30 AM EST

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To: BillyG who wrote (31266)3/21/1998 1:28:00 AM
From: Stoctrash  Read Replies (1) of 50808
 
China seen tapping capital markets
more as export dollars dwindle
By Emily Church, CBS MarketWatch
Fri Mar 20 19:37:32 1998
NEW YORK (CBS.MW) -- Over the past few weeks, China's leadership has unveiled an economic reform path that is nothing short of revolutionary.
Newly anointed Prime Minister Zhu Rongji on Thursday promised to tackle insolvency at state-owned industries and overhaul the country's banking system. He also told reporters in Beijing that the state bureaucracy would be cut by half.
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cbs.marketwatch.com

....China's citizens have socked away an estimated $350 billion to $400 billion in savings accounts, he said.
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