Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom who wrote (2030)	8/7/1998 3:46:00 AM
From: Dayuhan	Read Replies (1) \| Respond to of 2951

If it's true that they conducted joint live-fire exercises in a disputed area without the knowledge of the president or Sec. of Defense, I'd have to say they handed that issue over on a silver platter. Kind of hard to argue against it. I agree on the strategic potential of SE Mindanao, but the best security move they can make in the area will be the promotion of real economic development. To do that, they're going to have to get around the existing political structure, which is still dominated by a few families, many of them holdovers from the Marcos era. Their grotesque inefficiency in economic matters and their ruthless efficiency in political matters make them quite a difficult obstacle to get around. Steve PS Are you in the area?

To: Tom who wrote (2030)	8/7/1998 4:47:00 PM
From: Ron Bower	Read Replies (1) \| Respond to of 2951

Tom, My opinion about the devaluation of the yuan is changing. Considering everything that has happened in the last couple of weeks, for them to stay tied to the $US (that's effectively what they are trying to do) when all other governments, businesses, and currencies around them collapsing now seems impossible and even unreasonable. They now have too many internal problems and a strong export economy is going to be essential. FWIW, Ron