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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (38518)	9/21/2003 5:46:55 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Jay, the USA government sees China as a "strategic competitor" rather than a strategic co-operator. Which is a shame and likely to be more to the USA's disadvantage than China's. A bit like New Zealand seeing the USA or Australia as strategic competitors rather than strategic co-operators would be more likely to harm New Zealand than either of those two. Sure, for another decade, China will be economically small compared with the USA, but as with many transitions or major paradigm shifts, they happen inconspicuously initially, but then gather momentum until when finally obvious, they are unstoppable. They tend not to be cusp-like changes. Who lost China? Well, I'm getting my hooks into it via QUALCOMM, so it's not lost yet. Bush will be long gone while Hu Jintao is just getting warmed up. So far, so good. Mqurice