HONG KONG Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : HONG KONG

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ron Bower who wrote (2093)	8/13/1998 5:06:00 PM
From: Tom	Read Replies (1) of 2951

Ron: I think my "it's no way to run a country" must have mislead you. Wasn't commenting on whether they should in fact be supporting the export sector. Only that, as pressures in different areas of the economy and society mount, their continuing efforts to do so will be pointed to, or recognized, for something other than what they are. This, then, could be one aspect in the political desire to devalue. By "no way to run a country" I meant the prevalent cronyism in a communist system that has people so sensitized they may overreact. Adding to what might heap coal on that fire is the recent call to temporarily back away from some of the corruption busting, just to keep some of the bad cogs in a machine that at this point is viewed as being better than no machine at all.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next