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


To: trust fund pirate who wrote (7791)1/6/1999 9:14:00 AM
From: Worswick  Read Replies (1) | Respond to of 9980
 
Hey. Well so many thanks Pirate. I am off, assuming my car will start in the cold, to the warm library to read the article.

Many, many thanks.

Just noticed yestereday when I read the print edition of the NY Times (1.5.99) that the broken Chinese bank debt in the major banks is estimated to be between $175 billion US... and $62.50 billion US (out of $250 that is logged on their books). Whoops. Presumably, the Chinese monetary authorities have been watching the Thai sales carefully that realized about 8% for the broken credits bought up by Western financial interests.

Don't the Chinese wish for a level playing field now. Maybe they regret how they mistreated MacDonalds. Well, they chose to indulge in eating the hamburger people all themselves didn't they?

Best to you,

Clark

NB. Do you wear an eye patch?