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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (12558)	2/4/2003 2:34:30 PM
From: LTK007	Respond to of 89467

i agree,and per Business Week feature it won't be long before Taiwan will virtually merge back into Mainland China, one can see that happening, as China is opening itself up to Taiwan and Taiwan is investing heavily in China. A few U.S. companies will benefit but not many, but Dell seems like one that will. The gimmick is China favors companies that come in to build computers to export out(the benefit for Dell, higher profit margins). And Dell is way ahead here. China actually , however,is playing ,overall, american businesses race to get into China's market, to exploit China, masterfully and those companies will be in for a big surprise, imo. Taiwan/ Hong Kong/China proper will beome a virtual unity. <<The point is simply this: if the United States could become the world's dominant economic power by the end of the 19th century from extremely humble beginnings, I think that, with the acceleration of the pace of change that allows regions that open up to industrialize in no time, it is quite probable that within just 10 to 20 years China will be by far the world's most important economy - no matter how many crises it will have to deal with in the interim. Regards, Marc Faber>> but he points this is not a smooth matter <<However, I remain convinced that, sometime in the future, China will experience a serious financial crisis, which will then force its policymakers to deal with the bad loan and pension fund issues. You, however, should not be overly concerned about this financial crisis. The American economy of the 19th century also experienced a series of crises, and even a civil war, and yet its economy performed admirably well between 1800 and 1900. Moreover, all rapidly growing economies experience terrific temporary setbacks from time to time.>> Max