SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (56482)11/25/2004 10:10:01 PM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
China massing troops near North Korean border, says Seoul media

Concerns on regime change in Pyongyang are spreading. China's Foreign Ministry denies reports as "groundless".


Beijing (AsiaNews/Scmp) - Reports that China is massing thousands of soldiers at its border with North Korea have raised concerns that Beijing is preparing for possible turmoil amid talk Kim Jong-il is losing his grip on power. Citing satellite photos and quoting sources in Washington, South Korean media yesterday reported that a 10,000-strong PLA division was building barracks on the border in preparation for a prolonged deployment in the area.

"What was first thought to be a move to block a massive influx of North Korean defectors looks now more like a pre-emptive move anticipating internal turmoil," the Joongang Ilbo quoted a source as saying.

But Vice-Foreign Minister Wu Dawei rejected reports of a troop build-up yesterday. "This kind of report is completely groundless and unreasonable," he said. "After reading this article, people will believe it's true and I think that's very dangerous."

He said he had witnessed "huge changes" for the better in North Korea, which left Mr Kim more firmly in control of the country. "I paid a visit to North Korea in September. I discovered huge changes. It is politically stable and its economy is developing," Mr Wu said, adding that the living conditions of ordinary North Koreans had improved significantly.

Printable page
asianews.it



To: RealMuLan who wrote (56482)11/26/2004 3:10:10 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
If true, then excellent news, perhaps, although the next beast may be less reasonable.

If North/South unite, and South gets the nukes, then no more need for US troops on the Peninsula, freeing same for duty in desert, but leaving Japan to deal with a new equal with a score to settle :0)

China, not having to deal with a N.Korea and not having to be concerned about Japan, can perhaps concentrate on somewhere else ;0)

Russia, not having to worry about N.Korea, Japan, or China, can concentrate full energy on bringing order and pre-emptive regime change to the Ukraines :0)

And since everyone, particularly Korea, will need to spend moolah, lots of it, there will likely be far fewer bids for US Treasuries as each central bank, knowing the score, try to front-run each other ... ooooh, ugly.

In any case, buy the dips and sell the euphoria.

finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com

... and of course ...

finance.yahoo.com^HGX

Chaos is a gift
Crisis partner
Volatility friend
Lonely path is right way
Survive so as to fight another day, week, month, and years and years

BRING IT ON ...
INITIATE COLLAPSE SEQUENCE .... 10, 9, 8 ...

Chugs, Jay