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Strategies & Market Trends : Asia Forum
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To: Michael Sphar who wrote (7340)10/28/1998 1:21:00 PM
From: Z268  Read Replies (1) of 9980
 
Michael: you wrote: "They could become "client states" of proto-capitalist China."

There are two factors which precludes this from happening:

1. Most Asian countries are totally xenophobic when dominance by
China looms in any shape or form.
2. The huge private sector debts which are largely unserviceable
are owed to Western and Japanese institutions, not Chinese.

Regards,
Steve
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