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

To: Michael Sphar who wrote (7206)	10/19/1998 8:48:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9980

Michael, <<The interesting characteristic of Stratford's analysis to me, was the lack of mixing in the Chinese aspect in the bilateral tension surrounding Japan vs US solutions to the Asian banking/trade crisis. >> I agree that there was a noticeable omission of comment re: China. I'll make an observation that in writing on a subject such as they have chosen, one would be hard pressed to know where to stop, so complex are the ties that bind. The following is excerpted from their "for fee" subscription on SE Asia. Best, Stitch A minor Franco-Japanese-Malaysian initiative for training African engineers was announced in Tokyo at an international conference on Africa. While of little consequence itself, it shows that Mahathir is not being marginalized either for his views on currency controls or for his political problems at home. Rather he is being treated quite well by major powers like France and Japan. We believe that this is because both countries like what he is saying and are happy to have Mahathir say it instead of them. We believe that neither Japan nor France would be happy to see Mahathir fall. More important, we see a growing alignment between France and Japan designed to gain traction with the United States. The debate over currency controls is now permeating all international gatherings, with Malaysia playing the “point man.”