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

To: John Hunt who wrote (1234)	1/20/1998 8:54:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 9980

From Today's Ottawa Citizen - Asian economic woes echo through empty Shanghai skyscrapers southam.com << For years this Chinese financial centre was a symbol of booming capitalism in the midst of a communist society. A fifth of the world's construction cranes were at work transforming the skyline. Those were the boom years of the early 1990s, the era of Asian tiger economies. Now many of the towering new office buildings sit empty, and Chinese officials fret to find ways to dodge the economic troubles plaguing their neighbors. >>

To: John Hunt who wrote (1234)	1/20/1998 8:58:00 AM
From: John Hunt	Respond to of 9980

Behind Hashimoto's Remark on Dumping U.S. Treasuries - TAKAO Yoshikazu japanecho.co.jp << If Japan and the United States behave too selfishly, anti-American feelings are bound to swell in Japan, tempting Japan to sell off U.S. Treasury bonds, which Japan does not really want to do. The United States should act in a manner so as not to bring about such a situation. That is only reasonable. The problem is that while the country with the world's key currency has both rights and obligations, Americans are happy to exercise their rights but tend to be negligent when it comes to obligations. Yet a financial panic more serious than that of 1929 could be touched off if Japan got serious about dumping U.S. bonds. >>