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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2029)	12/16/2003 12:07:28 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Strait talk on foreign investment in China By Gary LaMoshi HONG KONG - During the late 20th century, it became fashionable to say that democracies don't attack other democracies. The early days of this century could test whether investors attack their own mainland investments across the Taiwan Strait. Foreign investment in the People's Republic of China is approaching US$500 billion and constitutes a modern version of the Great Wall to protect the Middle Kingdom. For investors, the idea of that sum going up in smoke in the fog of war clouds moral clarity. US President George W Bush seemed befogged last week when he meekly accepted visiting Chinese Premier Wen Jiabao's contention that a national referendum in Taiwan's democracy threatens the status quo between the island and the mainland (Taiwan has proposed a referendum on whether to ask Beijing to renounce the use of force and remove hundreds of missiles pointed at the island). Bush chastised Taiwan, and experts explained that away by saying that the United States needs China's help to unravel the Korean nuclear mess, and desperately wants to avert yet another foreign policy crisis on its menu. That explanation ignores US investments in China, the $50 billion gorilla in the closet. ... atimes.com