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To: ild who wrote (197349)	10/14/2002 4:08:30 PM
From: Bill/WA	Read Replies (1) \| Respond to of 436258

ild, No longer can China afford just to look inward in setting its reform and restructuring agenda. It must also look outward in developing a greater appreciation for the global reverberations of its actions. Agree with the general premise of Roach however I find this last statement both arrogant and "wishful thinking". China will continue to look inward and use its' own agenda till the last moment possible. Unlike the majority of the rest of the countries (except Vietnam, etc.) China has a "majority" control of its' population. It does not play under the same rules as "free" countries and to think otherwise is foolhardy. And, if the historical context of Chinese brinksmanship in trade evolves on the mainland (as in the past in Hong Kong - ask Jay Chen), "developing a greater appreciation for the global reverberations of its actions" will not occur until it begins to affect them. Also a bit arrogant when taken in context to where we are headed, thanks to the likes of Greenskank, the Fed, the rest of the worlds CB's, the IMF, the WB, et all. Wouldn't it be strange if China played by the Austrian rules? BWTFDIK Bill/WA