SI
SI
discoversearch

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (84868)12/11/1998 10:45:00 AM
From: Lee  Respond to of 176387
 
Hi Mohan,..Re:. the Chinese didn't even need the money,wonder why they raised the money.Any ideas?

Don't have a clue why they raised this money unless they want their cash reserves for currency defense (unlikely) or they want the debt for long term capital expenses relating to structural projects.

The story below has some info but not the answer.

economeister.com
PORTFOLIOS: EMERGING MARKET DEBT MANAGERS LIKE CHINA, BUT SEE REAL
VALUE ELSEWHERE

Regards,

Lee