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

To: Hawkmoon who wrote (66724)10/1/2010 7:19:50 PM
From: elmatador1 Recommendation  Respond to of 219763
 
The Four Asian Tigers or Asian Tigers are the highly developed economies of Hong Kong, Singapore, South Korea and Taiwan

Those economies need retooling after decades of exporting their way out of poverty. Europe and the US consumption was enough to make them rich.

Those were Cold War years predates globalization.

Japan spread the model rolling over their strategy to the Four Dragons or the Gang of Four depending on whom is telling the story.

As you can see they were tiny little countries. When China became the Dragon nr. 05 things turned real big.



To: Hawkmoon who wrote (66724)10/1/2010 8:11:49 PM
From: elmatador2 Recommendations  Respond to of 219763
 
Aug. HK forex reserves at $261.4 bln, Taiwan`s US$372B in August.

No one talks about those combined USD600bn foreign reserves because they are dwarfed by the (estimated) USD2.4 trillion of China.

But look closely: those USD633.4 billion is also China's.

Thus China's foreign reserves are in fact USD3 trillion.


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