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To: schrodingers_cat who wrote (128630)	7/19/2001 8:05:01 PM
From: craig crawford	Read Replies (2) \| Respond to of 164684

>> I don't think you can. Doesn't the government own it all, like in other Communist countries. << china is hardly "communist". why do you think i keep hammering home the point that china has been aggressively moving towards capitalism? many people are still ignorant as to the changes going on in china, why do you think i have to educate people like victor and skeeter? ;-) September 27, 1999 China's New Capitalism (int'l edition) As the state sector crumbles, dynamic private companies are taking up some of the slack businessweek.com "More importantly, private enterprise is gaining the legal standing it has long lacked in China. Early this year, the country's constitution was amended to acknowledge the private sector's important role. The Aug. 30 passage of a law spelling out such legal rights as private-property ownership was another green light for private companies to accelerate."

To: schrodingers_cat who wrote (128630)	7/19/2001 8:10:39 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

>> What would happen to the investment if US / China relations go sour? << first off, we need to get a long with china. to try to fight with them or isolate ourselves from them would be a mistake. but you know how govt officials are, they love to screw up and do the wrong thing anyway. i don't see how chinese real estate prices have to go down if we were on bad terms. there are nearly 5 times as many people in china in a land area equivalent to the united states. the demand for prime real estate doesn't need to have anything to do with the u.s.