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

To: RealMuLan who wrote (44115)	12/31/2003 12:03:40 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 74559

hmmmm, not a guy and obviously cannot speak Cantonese ..... those sites are pretty good, I have read different versions of same before. That kind of confirms my believe that no one can answer that question quantitatively. Everyone is just kind of guessing. I believe China was in the process of addressing the issues at her own pace, when all of the sudden the pressure was on for them to float, re peg, or whatever with the RMB. Now China has to hurry and figure out indeed what is the magnitude of their "bad debt" problem. That is why I opine that no one has the answer because depending on how the Chinese government addresses the problem, it could be big or it could be nothing. In the mean time, it is certain that we would all wake up one morning and find out what they have already done, not what they are going to do.