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

To: GuinnessGuy who wrote (819)	1/14/1998 9:07:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 9980

Thanks Craig, good show. It would be nice if the Stratfor man could join us. As for my comments, I wouldn't be all that surprised i am proven wrong as I am only a casual observer of these affairs. Besides if respectable credit rating agencies like S&P and Moody's couldn't get things right,what chance do I have, as Soverign credit rating is supposed to be one of their specialties.

To: GuinnessGuy who wrote (819)	1/14/1998 11:20:00 AM
From: Mohan Marette	Respond to of 9980

Carig, Could this be a form of 'double entry' booking keeping system that the West follows so diligently <ggg>. I am of course refering to the following passage from your post. <<<<<"The Chinese obviously know they are in trouble. A report in Hong Kong's Ching Chi Tao Pao reports that the State Planning Commission is grappling with the problem of China's "hidden debt." According to a report by the Commission, much of China's foreign debt is not recorded by the State, because of false reporting designed to hide borrowing.>>>