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


To: smolejv@gmx.net who wrote (59020)1/16/2005 5:06:30 AM
From: elmatador  Read Replies (2) | Respond to of 74559
 
DJ, China is now where the US was in 1900. Then still very much warry of European influence. Not yet self assure. Had not yet flexed the muscles.

Euroland would love to embrace China in a G-7 like gentlemen's club and reconstrcut a Breton Woods Agreement type of arrangement to a limited number of countries own benefit and to the detriment of everybody else. Japan did. But the Chinese animal harbors deep suspitions that they will be taken for a ride.

Given the fast pace of today events as compared with 100 years ago, China arrival will take less to happen. Likely 10 years as compared to US 50 years.

It can be the case as the old Chinese guard dies out, Chinese will get more easy to seat and talk with westerners and eventually do a G-7 type of thing.