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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: chirodoc who wrote (1737)3/2/1999 9:40:00 AM
From: fut_trade  Read Replies (1) of 3902
 
...could HK be telling us what is happening in china?

Hong Kong's problems include a lack of leadership after the handover. Hong Kong's budget has traditionally relied on strong revenues by gov't land sales. But this source of revenue has been in decline the last few years. It is said that the gov't needs to reinvent itself. But it doesn't seem to know how to proceed.

I think that Hong Kong doesn't reflect what's happening in China because China's problems are tied to inefficient state-run industries.

I don't know too much about Thailand, except that it didn't meet expectations as a fifth Asian Tiger. Korea and Japan are still under darks clouds caused by corruption and overcapacity. I don't think there will be a definite recovery in the short term.
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