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To: DiViT who wrote (27032)	12/22/1997 4:55:00 PM
From: BillyG	Respond to of 50808

I saw the Sega/Windows CE report earlier. Pretty slick......... 'We're really excited about the possibility of working with Sega on this,'' a source on Microsoft's Windows CE team told Windows Magazine. ''It's premature to announce anything, but we've had a continuing relationship with Sega for the last four years, and there was a deal back then on the Saturn device. We're very interested in moving CE into other consumer product spaces. We've focused on WebTV for the past few months, but video games are a natural fit.''

To: DiViT who wrote (27032)	12/22/1997 5:38:00 PM
From: John Rieman	Respond to of 50808

BEIJING China's outlook is good, according to China.............................. asia1.com.sg China's '97 GDP growth seen slowing to 9% But inflation will be nailed at 1%, against 6.1%; future GDP growth seen at 8-10% C HINA said yesterday that gross domestic product growth would reach 9 per cent this year compared to 9.7 per cent in 1996, and inflation nailed at one per cent compared to 6.1 per cent last year. The figures from the State Statistics Bureau were reported by the China Daily Business Weekly under a headline reading "Future looks bright". The paper said the figures showed that China "has succeeded in achieving a soft landing for its economy". "Steady economic growth and low inflation characterise China's situation and economists anticipate that these trends will persist into the new year," it said. Qiu Xiaohua, the bureau's chief economist, forecast growth of 8-10 per cent in future years. He added that inflation next year would rise slightly due to rapid economic development and restructuring. Following austerity measures ordered by economic tsar Zhu Rongji, inflation has been brought down from a high of 21.7 per cent in 1994. Mr Qiu said nominal investment in fixed assets would be lower than in previous years after a rise of 12.1 per cent in 1997, but above GDP growth. Demand for consumer goods would rise by 10 per cent, he said. Shanghai is also on course to hit its 1997 export target of US$14.5 billion (S$24.1 billion) worth of goods, China Daily Business Weekly said yesterday. The city exported US$13.8 billion worth of goods in the first 11 months of 1997, up 14 per cent year-on-year, the newspaper said. Shanghai's Foreign Trade and Economic Cooperation Commission had urged local exporters to pump out at least another US$700 million worth of goods to surpass the US$15 billion mark, the newspaper said. Key to Shanghai's rapid export growth were local companies with foreign investment, which accounted for US$4.9 billion worth of export goods, or 35 per cent of the total in the first 11 months, it said. Export processing had also become a feature of the city's export sector, totalling US$8.45 billion in the January-November 1997 period, it said. Manufactured goods were replacing raw materials and low-end products as the primary source of export income in Shanghai, it added. In the January-November period, manufactured goods accounted for 93 per cent of total exports, a rise of 1.7 per cent year-on-year, the newspaper said. -- AFP