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

To: Taikun who wrote (54695)	10/22/2004 5:46:21 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Canada is a sovereign country. As such it prescribes minimum wages, thus ruling out payment of wages with the same nominal value as wages in overpopulated China. As such it can levy taxes on putative income, which would occur if a company in Canada sold its product for noticeably less than the market price, trying to avoid corporate income taxes. As such it can require a knowledge of one of either French or English for immigrants. The whole Noranda deal is, I think, not of great importance. I take it that the Chinese government is attempting to do two things, 1. Get rid of some of that pile of US bonds it has accumulated. 2. Make sure that it is not excluded from purchasing minerals that Noranda may possess and which are in short supply at a given time.

To: Taikun who wrote (54695)	10/23/2004 5:45:30 PM
From: Riskmgmt	Read Replies (1) \| Respond to of 74559

David, I saw you remarks on Ka-Shing: "I know shady Li (Ka Shing) has been able to do deals in Canada: Husky, Vancouver real estate, but that is not clean money. If you want to take dirty money, fine" I know someone who works for him in his shipping company in the Bahamas. They spell his name Li Ka-Ching, he is worth about 12 billion and owns shipping/Hutchinson Whampoa/Cheung Kong Holdings etc. Is this the same person? If so I have never heard anything but good things said about him. If you have another view I'd like to hear about it and the source(s). Thanks, BTW I mainly lurk but enjoy your posts along with the other regulars here. Ray