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

To: Paul Berliner who wrote (7721)	12/14/1998 2:04:00 PM
From: Bosco	Read Replies (1) \| Respond to of 9980

Dear Paul - not sure if the current policy of China, in appearance anyway, is expansionism. Recently, the local paper has an article about there has been an increase of border activities between China and Vietnam. One could say satellite system is imploding. It is even conceivable that someday in the near time China may even withdraw support of N Korea. Of all the cultural baggage she carries, Chinese tends be pragmatic without too much of a tribalistic mentality, from a historical perspective. Well, a caveat! Chinese can also be very feudalistic. The control of military power is one such example. There lies the murkiness of the situation. From the that perspective, the president and the premier would not have been in power at all. But they have done quite a bang up job. Historically, there was a jewish settlement in China [probably in the Szehuan area] who enjoyed a peaceful coexistence with the ethnic Chinese when antisemitic fever was raging in Europe. But then, bygone is bygone. Consider China has fallen off the wagon in recent time. I do not want to take the credit from Taiwan. It has done a bang up job too, especially when it has made the strategic investment in the hi tech industries. However, as recent as the late 70s and early 80s, it was also an oppressive state. Before inheriting his father's throne, the late President Chiang King Kuo ran the secret police apparatus. The good thing is that Taiwan has been churning out a lot of college [and above] people in the past 2 or 3 generations. Who knows, China may very well on the road to true prosperity if it can a couple of college bounded generations. Right now, to give credit where credit is due, I don't think one should minimize China's ability to feed 1.2B people [well, I am sure there is poverty and starvation, but how many of us lucky americans <g> have roamed the Appalache, the Ozark and the deep south back in the 60s?] best, Bosco