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To: Snowshoe who wrote (55331)	11/1/2004 2:42:11 PM
From: RealMuLan	Read Replies (2) \| Respond to of 74559

Here said several people got killed--"China declares martial law after ethnic riots " November 01 2004 at 08:52PM By Lindsay Beck Beijing - China declared martial law in part of a central province after several people were killed and numerous houses set on fire in clashes between minority Muslims and ethnic Han Chinese, residents and officials said on Monday. Armed police patrolled the town of Langchenggang and surrounding areas after the violence erupted late last week after a traffic accident involving members of the Hui Muslim ethnic group and the majority Han sparked fighting in several villages. One resident said the fighting began after a Hui taxi driver accidentally struck and killed a young Han girl. Another said the problems started after a collision between two tractors, one driven by a Han Chinese and one by a Hui Muslim. "People were so afraid. No one dared to go to work or go outside. Even the transportation has been stopped," said one resident of a Han village involved who declined to give her name. She said at least one person in her village had been killed in the fighting and she had heard that several others had died. Another resident of the same village said more than 10 people had been killed. Houses had been burned and residents said the fighting had escalated when Hui villagers from outside the area were trucked in. The situation was now calm but with a heavy police presence. Clashes between Hui people, who make up just 10 million of China's 1,3 billion population, and Han are not common but tension, exacerbated by a widening wealth gap, has on occasion erupted in violence. In 1993, a cartoon ridiculing Muslims led to paramilitary police storming a mosque taken over by armed Hui in the northwestern city of Xining. In the past decade, scattered minor incidents have been reported around the country. But unrest in rural areas has been on the rise, fuelled by dissatisfaction over poverty and corruption and raising long-held fears among China's iron-fisted authorities of instability that could even affect the supremacy of the Communist Party. In the last month, a quarrel in the southwestern metropolis of Chongqing escalated into a riot that led to looting of government buildings and burning of police cars. A child from one Hui village involved in the Henan clashes said adults were attending a meeting. Schools were open but students were being kept indoors, he said. Adults reached by telephone hung up. "That village has been isolated. No one there is allowed to go out," said one resident of the Han village, referring to the Hui community at the heart of the fighting. An official at a Muslim association reported deaths but was unable to say how many. Officials denied a report in the New York Times that 150 people had been killed. "I haven't heard there's been any deaths, but the number of the injured is big," said an official in the nearby city of Kaifeng. Martial law was in force, said the official, who confirmed that Hui farmers had travelled to the scene to help Hui villagers at the time of the fighting. An official with the Zhengzhou public security bureau declined to comment, saying such issues were national secrets until the case was wrapped up. iol.co.za

To: Snowshoe who wrote (55331)	11/1/2004 3:55:32 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

SS, debtors lose what assets they had. Savers might or might not lose their savings, depending on the bank and government support for banks. Savers with cash in the mattress, government bonds, gold, house, land and other real stuff will weather the storm, though government bonds and cash might be financially reset at perhaps 10 old money units for 1 new one if the old money is cancelled. Or, the old money might be simply diluted by the wheel-barrow full, or by the giga-pixel. A debtor with a 100% borrowed house, net negative asset value, but lots of borrowings, gets any speculative gains, but in the event of a big crunch only gets bankruptcy, which is no big deal in the USA and no big deal anywhere if enough people are in the process. The savers who loaned the debtor the money, be they banks or individuals who have money in the banks, are the ones who lose their money. Savers are looked on as the suckers in the community, to be robbed when necessary. Savers have to save themselves. Mqurice