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


To: Dayuhan who wrote (7004)10/8/1998 4:46:00 AM
From: Zardoz  Read Replies (2) | Respond to of 9980
 
What the heck happened to Japan last night? I just took a look, and they lost just about all they gained.




To: Dayuhan who wrote (7004)10/8/1998 10:28:00 AM
From: Ron Bower  Read Replies (1) | Respond to of 9980
 
Steve,

China letting Guandong International Trust and Investment fail even though it was a local Government operated company definitely sends a message and a lesson that some other countries should learn. When one considers the various countries, China would have been one of the last that would have let this happen. I was surprised, but I think it was one of the many wise decisions they've made over the last few months. Many economists are now saying they will reach their growth target of 8% this year.

JMHO,
Ron