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


To: Tom who wrote (2020)8/4/1998 4:48:00 PM
From: WONG  Read Replies (1) | Respond to of 2951
 
On top of that, the recent flooding of the Yangzhi river is estimated to knock at least 1% from the annual GDP target of 8%. Premier Zhu will be under the gun to keep his promise. Tough job eh?



To: Tom who wrote (2020)8/6/1998
From: Dayuhan  Read Replies (1) | Respond to of 2951
 
<<Additionally, and what many don't know, is that U.S. military contractors (Raytheon, et al) have reportedly constructed a new installation on Southern Mindanao in a nifty little inlet SE of
Zamboanga, across the gulf. (The Phillipines is a beautiful place.) Was there more behind Gordon's boot from Subic Freeport than we may have imagined?>>

My understanding (could be wrong) is that the installation in question is closer to Davao than Zamboanga. While the contractors involved have worked for the military, they also do a lot of work on multilaterally funded civilian projects. I seriously doubt that the US military would invest large sums in new installations in the Philippines. The government could not possibly give them sufficient assurance of continued tenure, given recent events.

I live in the Subic Freeport, and while I've heard MANY theories regarding Gordon's situation, the return of the US Navy is not one of them. Gordon would probably be the first one laying out the welcome mat, in any event.

Steve