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.

Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: Maurice S. Green who wrote (2416)	9/24/1998 12:19:00 AM
From: Ariella	Respond to of 3247

Hi Maurice....NYTimes carried similar material as WSJ today. I'm remembering not so long ago being guffawed off the thread because I was "silly" enough to question the 20-year "headstart" we had in China..... ---------------------------------------------- Excerpt: NYTimes today U.S. Trade Official Says China Market Is Closed Tighter By ELISABETH ROSENTHAL BEIJING -- A senior American trade official Tuesday criticized what he called China's unwillingness to open its markets to foreign companies and accused the Chinese of tightening some restrictions on foreign businesses. The remarks by the official, David Aaron, undersecretary of commerce for international trade, reflected what has become an increasingly tense trade relationship between Beijing and Washington.... Aaron said that barriers to American business in China seemed to be multiplying rather than shrinking. He said, for example, that authorities here had generally not let foreign companies develop a distribution network for their goods, and he complained of China's unwillingness to grant licenses to foreign companies in such service businesses as insurance. In the last few years, a number of American companies have established offices in Beijing, anticipating that such licenses would be approved. Aaron also complained that the huge Chinese telecommunications market was mostly off limits to foreign companies and noted that the government was contemplating banning the few foreign companies that had indirect investment in that industry. China has created many more subtle barriers as well, Aaron said, such as increasingly cumbersome regulations on foreign currency transactions. He cited a resurgence in counterfeiting that was now so professional that copycat goods even carried fake Underwriters Laboratories seals....