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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: GuinnessGuy who wrote (792)	1/13/1998 9:13:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 9980

Craig, Stratfor or not, don't expect China to default on any dollar denominated debt any time soon as China coupled with Hong Kong has a massive foreign currency reserve,healthy by anybody's standard. I don't recall exactly how much but if my memory serves me correctly it could be upwards of 300 billion dollars. I am sure somebody will correct me if I am wrong. Of course they have problems but only time will tell how it all develops. Just my two bits worth.