Xin Net Technologies - BB: XNET - The Next Internet Stock? Message Board

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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?

XNET 7.210

-2.4%

Dec 26 9:30 AM EST

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To: stockman_scott who wrote (448)	3/16/1999 10:28:00 PM
From: T-Lo Greens	Read Replies (2) of 1593

>>>I think I'll be dreaming about China tonight--the potential is mind boggeling <gg>!!<<< More like nightmares...don't you know that FDI (foreign direct investment) has been dropping dramatically in China for the past 2 years because of the government policies? The government is no longer paying on debt owed to foreign banks, even though they co-signed on Chinese companies' notes. There are other issues involved as well, such as forced nationalization of certain percentages of joint ventures. The political climate in China is very anti-free market vis-a-vis capitalistic. I would caution against anyone investing in Chinese companies operating under a communist regime.

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