Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?

To: speculatingvalue who wrote (854)	11/16/1999 4:08:00 PM
From: speculatingvalue	Respond to of 1762

Excerpts: "The deal hammered out yesterday between Charlene Barshefsky and Shi Guangsheng, China's foreign trade and economic development minister, lowers China's existing tariffs on goods, services and agriculture by an average 23%, and allows foreign banks and telecommunications companies greater freedom to offer services to China's 1.25 billion consumers." "Robert Mao, president of Nortel Networks China, expects the agreement to boost sales of telecommunication equipment by foreign companies in the $7-billion (US) a year Chinese market." "The agreement calls for China to reduce its tariffs on agricultural goods to 14.5% and end any export subsidies. On industrial goods, foreign companies will be able to export to China without going through Chinese middlemen and China will also allow foreign ownership of initially up to 49% in telecommunications, rising to 50% after two years" I think you were right, Mike!