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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Z268 who wrote (6899)	10/4/1998 3:07:00 PM
From: Bosco	Read Replies (1) \| Respond to of 9980

G'day all - dear Steve, "IMO, China will never "become an enlightened leader in the Pac Rim politically, economically and racially" under the rules and systems that exist in the world today." [subsequent reasonings omitted] I actually do not dispute this. Rather, my comment relies a rather long framework of historicity. Unlike some of my friends here who have once claimed a moral decline of a country using [explicitly, I theorize] a short time frame [if they claimed moral decline dated back to the golden era of greek civilisation, then it would be a different matter <VBG>,] mine will be carbon dated to the Han and Tang dynasties. Obviously, the idea of returning to the ideal state of the Kingdom at the centre is probably impossible. To support your thesis, ancedotal evidence - even before the advent of the "little emperors" [1 child] policy, I ve met enough self-centered Chinese [here in the US] to prick the bubble of illusion that there is a chance for returning to the idealized world of "Great Commonality." However, to paraphrase a line from the late Eric Hoffer: never underestimate the infinite plasticity of humanity. Or, as Mao would say, "after a hundred years, even you and I would look ridiculous." Like the stock market, it is hard to predict the bottom but it will come sooner or later. Additionally, I have to admit I add that point of digression more of a sincere wish. And being a diehard fan of EB White, it is hard to turn a pig into Wilbur without some Charlotte-like cheerleading <VBG>. best, Bosco

To: Z268 who wrote (6899)	10/4/1998 5:13:00 PM
From: Stitch	Read Replies (2) \| Respond to of 9980

Stephen, Your comments are most welcome and informative. Thank you. <<Same reason why the rest of Asia would barely tolerate a strong Japan, and Asia will never tolerate a strong Japan if there were 1.2 billion Japanese......>> It seems to me that the rest of Asia, have not only tolerated a strong Japan but indeed have emulated it. It also seems to me that a goodly period of the crisis to date, has been spent by leaders in those countries looking to Japan for a way out. That Japan seems intent on resting on an old saw of exporting its way out has only recently been seen as fallacious. And it is only recently that I see evidence of a departure from Japan's model, with Malaysia closing its borders (so to speak) and Thailand embracing IMF recommendations wholly. Neither of these strategies are Japanese in any way. <<Maybe in the next 2-3 generations for overseas Chinese immersed in different societies and cultures.>> Maybe. However, in my humble opinion, the off shore Chinese Diaspora experience has only reinforced the need to eschew the civic and embrace the familial. Can you even begin to imagine a Chinese businessman in Indonesia contributing time or money to an Islamic school? (Unless it was somehow a part of a business deal??) This aspect of the Chinese ethos can hardly be criticized IMO. In the greater scope of historical experience, the Chinese, both in China and off shore, have tremendous empirical evidence that anything beyond the family is capricious, dangerous and (thankfully from their view) short lived. Best, Stitch