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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: WONG who wrote (2490)	10/26/1998 2:16:00 PM
From: Tom	Read Replies (1) \| Respond to of 2951

"You're on your own, chumps." That's what I'd have told them! <G> It's also what I desired of the SEAsians. However, dependency on the huge export markets of the West, from whence much of the capital lending originates, and the omni-presence of money politics prevented such from being the case. All the more reason for SEAsian nations to concentrate on increasing domestic consumer support for their economies. Intra-regional demand for one another's products would help in that aspect; but without increasing per capita income I don't see it happening. Too, if China can keep from crashing and burning, a developing middle class there would lend a great deal to demand for various products throughout the WestPac region. Another problem: I don't trust the communists when it comes to entrenching a middle-class feature in society. I know that's not news, but it's an ideological element that shouldn't be dismissed.