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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Jim S who wrote (9006)	8/3/1999 1:03:00 PM
From: Paul K	Read Replies (2) \| Respond to of 9980

Zenith being forced into bankruptcy by LG at expense of American shareholders? airfarecheck.com "The folks at LG are a bunch of pirates..." Message 10794014 "...shareholders given virtually no warning of the LGE bankruptcy plan, shareholders who were led to believe that LGE buying into Zenith was for the good of Zenith and all of its shareholders..." Message 10763285 I don't know if this topic has come up before on this thread... just thought you might find it interesting. (I don't hold any shares, thankfully)

To: Jim S who wrote (9006)	8/3/1999 1:22:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 9980

Just to clarify, Ron, I presume you mean the Argentines invaded the Falklands to avoid scrutiny of their domestic failures, not the Brits when they retook the islands, right? Yes. The Argentininan Junta of military leaders were catching a lot of flack for their economic failures as well as revelations of widespread use of torture and "disappearances" against certain individuals who they thought posed a political danger to them. The solution? Go to war with Britain over a long-standing, but politically unifying, dispute over soveriegnty of the Falklands (as well as all of those suspected oil reserves... :0). China's other options could be to start a ruckus over the Spratly's where the Phillipines have already sunk a Chinese fishing vessel, rather than getting into a Taiwanese fracus that would inevitably draw in the US. Or we could see China encourage/tolerate N. Korea's mindgames to stir up a bit of tension in the region. But what is really the solution is permitting foreign ownership of Chinese companies and property. This is anti-thetical to many Asian govts determination to keep the round-eyed devils from colonizing their nations again. But what they fail to understand is that just because foreigners own real estate, buildings, or factories in a foreign country, there is NO WAY they can ship that property out of the country. Sovereign nations ALWAYS have the final right to nationalize foreign property should things get out of hand. All foreign investors expect is a rule of law that protect individual property rights and leads to transparent markets. China would then see HUNDREDs of billions flow into the country and resolve those glaring unemployment problems. Regards, Ron

To: Jim S who wrote (9006)	8/3/1999 5:17:00 PM
From: Z268	Read Replies (1) \| Respond to of 9980

Jim, <<The linkage of recent PRC actions (embassy riots, religious sect crackdown, Taiwan fuss, etc.) all seem to suggest a distraction; either from some planned event or to prevent internal focus on economic problems. When a xenophobic nation like China allows the world to see into their actions, I can't help but think it must be for hegemonic purposes.>> I think the recent actions referred to above can not be lumped together. The posturing on the Taiwan issue is certainly a class of action designed for external consumption. The embassy bombing protests started off as a deliberately orchestrated series of actions, but it had all the signs of going out of control a few days later. The crack-down on the Falun Gong sect is more a case of "no longer being able to hide one's dirty linen". The possibility of China starting a war with Taiwan to distract the populace is certainly there, and is a classic ploy by autocratic regimes when faced with serious internal problems. Has China reached this point yet? I think this point will be reached if: 1. The Chinese economy falls into a deep recession and unrest ensues 2. The "irrational few" takes charge in a power re-shuffle. Question is: Should external forces push China toward this probable situation, or away from this situation? Steve Yeo