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

To: Frodo Baxter who wrote (4789)	6/24/1998 2:44:00 AM
From: Frodo Baxter	Read Replies (1) \| Respond to of 9980

Liberals, Conservatives Find Ground That's Common in Denouncing Beijing By Wall Street Journal Reporters Kathy Chen, Robert S. Greenberger and Jackie Calmes By nearly any objective measure, most people in China live far better than a decade ago, with more freedom and less government control over their affairs. And their leaders cooperate with the U.S. more often, as in helping contain an Asian financial crisis by not devaluing their currency. So why, despite all that good news, are Beijing's American critics more vocal than ever? interactive.wsj.com

To: Frodo Baxter who wrote (4789)	6/24/1998 7:37:00 AM
From: don pagach	Read Replies (1) \| Respond to of 9980

Lawrence, OT: Seppo and Lawrence, Well said about Worswick's post. What about Hong Kong? From what I read things are pretty dismal what might HK do? remain pegged or slip off? I know that many Chinese comps are "cross-listed" on the HK exchange (I am not quite sure what the exact trading mechanism is, I don't think they are depository receipts") and they must raise alot of capital through HK so is it necessary that HK also maintain the line or not? I still believe that HK will devalue and China will say it has no further choice. Does any one know where current and historical HK interest rate data can be obtained?