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To: Alomex who wrote (126798)	6/18/2001 11:52:25 PM
From: craig crawford	Read Replies (2) \| Respond to of 164684

>> Per capita GDP in China is US$800 a year << more like $4000. >> Lets say that $20,000 (in Purchasing Parity dollars) is required for essential food and shelter expenses for a family of four. << you have it totally ass backwards. when you factor in PPP chinese require less money for the basic things, not more. >> Meanwhile, a similar average Chinese family would have minus $4,000 PPP dollars or $-800 USD left in disposable income. << you don't know what you're talking about. if china doesn't have any discretionary money to spend how come they save 1/3 of their income?!? how come the government is encouraging almost $1 trillion investment from it's citizens into the stock market? where is that money going to come from? why are 32% of chinese families planning on purchasing a car in the next few years if they had no realistic expectation they could ever afford it?