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To: Jorj X Mckie who wrote (42224)1/14/2003 9:16:18 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 52237
 
Jorj, China and India are over 2 billion people - 25% of that is the US population and they are my target of comparative consumers. Russia is coming fast on-stream and they benefit tremendously from high oil prices as are all other CISS in Asia (around the Caspian Sea and Kazakhstan). They are over 180 million literate people.

odci.gov
odci.gov
odci.gov
odci.gov
odci.gov

Add all those and you get the marginal pent up demand that combined with the natural cycle will give a more positive business environment.

I agree with your other conclusions but still on the margin they are factor. In my post I did not intend to classify China and India as the swing factor, because if that would be true we would be now in a booming world economy.

Things take time and when WS will feel that India & China a selling point ......... trust me they will manage to over sell it.

BWDIK

Haim



To: Jorj X Mckie who wrote (42224)1/14/2003 10:38:14 PM
From: ajtj99  Read Replies (1) | Respond to of 52237
 
Jorj, you know what you're talking about. One important thing people need to understand about China is that the Chinese don't like to overpay or take business away from local industries.

That leaves out foreign suppliers for the most part.



To: Jorj X Mckie who wrote (42224)1/15/2003 3:04:15 PM
From: Haim R. Branisteanu  Respond to of 52237
 
FYI - Russia's financial reserve higher than targeted

Interfax. Wednesday, Jan. 15, 2003, 1:31 PM Moscow Time

MOSCOW. Jan 15 (Interfax) - The financial reserve that Russia has been building to pay foreign debts this year was 209 billion rubles on January 1, a deputy prime minister, has said.

This was higher than the 197.4 billion rubles targeted by the 2003 budget, Kudrin, who is also Russia's finance minister, told a meeting with regional media bosses on Wednesday.