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Strategies & Market Trends : Asia Forum

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To: Ron Bower who wrote (5386)8/4/1998 10:31:00 AM
From: don pagach  Read Replies (1) of 9980
 
Reasons China may devalue:
from the Financial Times, [for some reason I can't copy and paste but you can view the article free although you do have to register, here is the URL]:
ft.com

The article summarizes a Goldman Sachs study that suggests because Chinese comp. hold little foreign debt (most less than 10% of the the comp.s total due to tight govt. control) that a devaluation would not have the same large negative affect as the devaluation in Korea.

If I see other articles I will post

Ron, I reread my initial post to you, sorry, I didn't mean to sound so abrupt...
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