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


To: Ramsey Su who wrote (2048)8/10/1998 9:18:00 PM
From: Ron Bower  Respond to of 2951
 
Ramsey,

Mita has declared bankruptcy. Operations in China (I believe Shenzhen) will be sold? Buyer? US or European company interested in or already operating in China.

I think we might see this scenario repeated many times over the next few months as over-expansion by Japanese companies takes it's toll. At the same time, US and Euro companies seek expansion to lower cost foreign operations.

JMHO,
Ron