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

To: tom who wrote (3416)	5/8/1998 6:26:00 AM
From: tom	Respond to of 9980

Bank of China Chief Economist thinks RMB will devalue? Another thing to add to the previous post. Yi Gang thinks that the circumstances are in place for the Bank of China to allow a "gradual devaluation" of the Renminbi (Source: Australian Financing Review). I thought Zhu said that they wouldn't devalue - surely he would be straight with us?

To: tom who wrote (3416)	5/8/1998 8:59:00 AM
From: Thomas Haegin	Read Replies (2) \| Respond to of 9980

tom, it is good to have you back, because, no, I didn't see the eery remarks from the Chinese Chief Economist. Meanwhile, last night there were more news on German TV about Indonesian uprising, protesting price hikes. There were pictures of "Polisi" equipped with enduro motorcycles, you know like the gangsters in "Black Rain". I like N.Y. Police on horses in Central Park much better <g>. Thomas