Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: FaultLine who wrote (67634)	1/22/2003 6:52:02 AM
From: LindyBill	Read Replies (1) \| Respond to of 281500

Recall that tekboy recently visited Shanghai. Yes, and everything in China has gone downhill since then. lindybill@kickedoldbuddasgong.com

To: FaultLine who wrote (67634)	1/22/2003 7:04:19 AM
From: LindyBill	Read Replies (1) \| Respond to of 281500

One of my hosts explained that his grade nine son leaves for school at 6:10 in the morning, and returns home at 8:30 in the evening. Scariest line in the whole article. Our 9th graders are going at 8 and getting home by 3. with a school year that I bet is 2/3rds of theirs, it that. And the learning level? Forgeddaboutit!

To: FaultLine who wrote (67634)	1/22/2003 7:52:27 AM
From: Ilaine	Read Replies (1) \| Respond to of 281500

>>Billions of dollars of foreign investment pouring into the country confirms that title to real property is secure.<< Oh, my. Hang on to your wallets, folks, if that's what passes for advice. Makes as much sense as saying that billions of dollars pouring into dot-coms proves that they are good investments. A year or two ago Jay Chen posted something on the Booms, Busts and Recoveries thread to the effect that he saw investors coming to China to buy, all pumped up and laughing, and later he saw the same ones coming to sell, all sad and crying, and he got a cut out of both transactions. I can't remember any key words to search for it but Jay keeps his posts in some kind of database. China is financing a boom on borrowed money that it may not be able to repay. The public debt overhang in China is quite large, but hard to get a handle on because transparency is non-existent in China. I've seen it estimated at 140% of GDP. pbs.org ftbusiness.com >>What about human rights? I raised this question numerous times with various groups in the country. Once, seated in a tea house in the midst of a popular tourist site in Shanghai, I asked that question of my host, a Chinese national who now divides his time between China and North America. He simply waved his arms at the literally thousands of tourists, nearly all locals, who were happily snapping photos and buying souvenirs. These people clearly had no human rights issues on their minds. People living in China, quite frankly, find this topic a joke. << That's sad.