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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Hoa Hao who wrote (2811)	4/5/2001 11:33:04 AM
From: TobagoJack	Respond to of 74559

<<There is some thought in some quarters that mainland China might break into 3 separate sections>> It is wishful thinking on the part of ... (a) Dow Jones, WSJ, Far Eastern Economic Review (b) Economist (c) Financial Times (d) NY Times, Washington Post, IHT Extrapolating on historically stressful periods in Chinese history without thinking through the conditions prevalent at those times. China is a homogenous country with one dominant ethnic group (Han, 95%) operating in one language believing in one thing ... national strength to ensure historic wrongs do not recur. China is not India, USSR, or the USA. It is more like a Japan, but continental in scale, wilder, more original, dynamic, decisive, and young. And so I do not see a 'three parts' in the cards, unless referring to mainland, Hong Kong and Taiwan. The thing to note is that the western press has been reporting about China on the edge of the cliff for 20 years (as long as Japan recovering), what with banking, unemployment, popular discontent, blah blab and bleh bleh, and yet, China stands, taller each year. At some point, the reporting becomes suspect. Many things can go wrong in China's transformation and experimentation, and should any wrong be fatal, SE Asia will disappear under a wave of migration, and boats will appear on Manhattan Beach. I do not see any fatal wrong, and I am fairly observant, at least more so than CNN and WSJ. Disclosure: I do hedge, and I do not invest most of my money near where I live, because I do not want to take a chance on being wrong. Chugs, Jay