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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: KailuaBoy who wrote (3632)	11/28/2001 2:45:23 PM
From: Ahda	Respond to of 24758

That would be as big a mistake as buying Enron at its peak. China has just entered into the WTO she is experiencing internal growth. You can't possibly compare the future possibility of less poverty to the accumulation of wealth and there of less need. In her rural area spending has increased there is less reliance being placed upon agriculture as a means of survival. The business world is the most incredible director of future of the world be it the profit structure of greed it does wonders for those have not experienced future hope and existed in environment that tended more towards futility than hope. I hope i recall this correctly but now in China income is about 200 US peryear in some areas and this leaves enough to actually purchase for home improvement. You cant put Japan or the US in the same picture. Here as in Japan although the people of Japan are more practical the establishments of Japan acting as welfare units actually hurt Japan. There is little difference going on here in attempting to induce growth through the FED and interest natural contraction that leads to more productive expansion is being lost. feer.com JAPAN For the first time, Japanese manufacturers established more production facilities in China than in North America, according to a Japan Bank for International Cooperation survey. The poll said the number of newly opened plants in China in the current financial year increased by more than 100 to 772, compared with 692 in North America. In last year's survey, the number of newly opened plants in China and in North America was the same--643 plants each.