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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (31560)7/22/1999 10:01:00 AM
From: John Chen  Read Replies (1) | Respond to of 70976
 
Brian,Change?China? Do you need history to show? It never will.
Only the end of the world can change China, which is the
likely and only scenario. Sell all your stocks and enjoy the
limited time left. Those people has nothing to show (unless it's
not showing during the last how many years!!!) so they just beat
up their own people and says what did I tell you.



To: Proud_Infidel who wrote (31560)7/22/1999 11:06:00 AM
From: Katherine Derbyshire  Read Replies (1) | Respond to of 70976
 
I disagree. There's been a huge amount of change in China within the last decade, it's just happened in the background, away from the Western news cameras.

Don't get me wrong--I'm by no means an apologist for the Chinese regime--but you'll find much more open media and markets and much more tolerance for dissent now than, say, immediately post-T. Square.

There's a bit of a paradox here, too. A completely closed regime is able to mostly avoid international pressure by keeping its dirty secrets hidden. More openness means more criticism, even though the situation is actually better. Compare China and North Korea, for instance.

Katherine



To: Proud_Infidel who wrote (31560)7/22/1999 1:34:00 PM
From: Paul V.  Respond to of 70976
 
Brian, Unfortunately, IMHO no change will ever come in China unless (1) there are a thousand Tiennaman Squares or (2) there is a unanimous show of disdain by world leaders for atrocities committed by China. But since no country wishes to put their trading policy with China the latter is highly.

You and other threaders may be interested in reading the book, "Lexus and the Olive Tree" by Friedman. Put this books message with the "The Roaring 2000," "The Millionaire Next Door," and "The Gorilla Game and Seven Steps to Financial Freedon by Orman." We can draw some interesting conclusions we can use in developing investing strategies and acquiring wealth.

Paul