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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: allen menglin chen who wrote (1142)	1/21/1998 11:06:00 PM
From: ----------	Read Replies (1) \| Respond to of 2951

Allen: You have two big advantages. First, you can read Chinese. Second, you get first hand reports. IF you feel comfortable doing so, I'm sure the regular readers would be most interested in any first hand impressions you have heard. Naturally, we realize it is one person's opinion. Names are not important, but knowledge is. I read the South China Morning Post Internet edition & the HK Standard, as both are in English. I have written some second-line (non Hang Seng index) companies and they have sent me their reports. I am always pleasantly surprised to see they are in both Chinese and English. (I mean this ONLY as a light hearted joke, but I always wonder if the Chinese says the same thing the English part does. <g>) Regarding the country as a whole, China has relatively small foreign borrowings. They have a net surplus. Plus, IMO, while not currently "liquid", China has one thing no other country on earth has.... vast untapped natural resources. Long term, those assets will be invaluable. Doug