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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (13625)	1/19/2007 8:52:01 AM
From: Slagle	Read Replies (1) \| Respond to of 219865

Elmat, In the 1920's the banks were there but the Japanese occupied most of the coast during the 1930's and jailed or exiled the foreigners. At the time of the Japanese surrender they were still in control of most of Eastern China and withdrew to the home islands by agreement rather than by force of arms. After they left there was a great deal of chaos there and I doubt there was very much in the way of new foreign investment. The USA "China Lobby" claimed great property losses due to Mao's take-over, but even at the time these losses were more theoretical than practical, as most of the properties had been useless for decades even before 1949. There are surely untold thousands of individual claims for property in China by foreigners, probably mostly real estate, and probably long ago forgotten and "written off". What do you think will happen to foreign property claims in Iran and Iraq? Slagle