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To: Tony Wang who wrote (38310)3/7/1998 6:57:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 61433
 
...their situation was different then...

It sure is. Their trade surplus has grown dramatically since the devaluation, because it made them more competitive. They are now more reliant on exports than before.

China has been gradually moving toward capitalism for over 25 years. Are you saying that in the last 3 they suddenly made a quantum leap? I don't see China competing on quality in a single export market.

Tom



To: Tony Wang who wrote (38310)3/8/1998 7:03:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
Japan is positive. Not sure what to make of that.

Glenn