To: kormac who wrote (9168 ) 8/21/1999 9:09:00 PM From: Bosco Read Replies (1) | Respond to
Hi seppo - you got a point there. I actually thought along Segal's line back in the late 80s and early 90s, when the 1st wave of 49ers stormed the eastern shore and China was playing off Chrylser with Damlier Benz etc. Even now, China is trying to suck many joint ventures [especially tech oriented] dry. So, from the perspective, I guess I ve been unfair to Mr Segal. However, China is actually more ubiquitous than simply the existing markets and the DF31. To say the least, if the law of physics can provide some parallel, the mass of 1.2B people certainly provides a greater level of [psychological] gravity. If one needs substantiation, China does exert certain amount of influence on HK [still a relevant financial nerve center in the Far East,] Taiwan [fast becoming a strategic silicon fab center] and N Korea [where the madman is driving the country into oblivion.] These are the intangibles that must be accounted for. To elaborate on what I said in my prior post, the world has a greater [global] consciousness these days. Good lord, I sound like one of them new age seers preaching the new paradigm of heaven on earth gospels <VBG>! Jesting aside, I cannot see how the disparity of wealth without allowing people to have some peaceful equalizers like education and opportunities. But I ve digressed. My point is that it is certainly counterproductive to let China has its way, no matter how absurd [and I suspect Mr Segal and I would agree on this.] OTOH, saying China doesn't matter, at face value, is shortsighted, to say the least. In a nutshell, it is precisely China matters that its global partners should set limits on its behaviour.
