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Strategies & Market Trends : China Telecom Ltd (CHL) -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (107)9/9/1998 11:26:00 AM
From: Paul Shread  Respond to of 149
 
Thanks, Julius. I'll read those articles as soon as I get a second. Interestingly, I heard of a study on National Public Radio's Marketplace last night that said of 23 economies studied, an economist found no link between state control and the economic health of a country. The piece also pointed out that the countries which have survived the Asian crisis best were China and India, which exercise state control over their markets. Who knows? Maybe I (and everyone else) need to drop my Western bias.

Paul



To: Julius Wong who wrote (107)10/9/1998 4:13:00 PM
From: Paul Shread  Read Replies (1) | Respond to of 149
 
There's just no other way to say it: CHL kicks everloving ass. F*** free markets, Hong Kong is onto something.