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


To: Tom who wrote (2673)1/26/1999 1:49:00 AM
From: Tom  Read Replies (1) | Respond to of 2951
 
Jane's latest Foreign Report saying the China v. Taiwan issue is hot once again.

A while back I indicated there was a window of opportunity within which the two sides could reconcile their differences...come to some sort of agreement. The window, as I see it, is now closed.

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Journal of Commerce reports a severe lack of refrigerated transport for China's agricultural produce. Wuhang (Hubie Province) shipyard and railway is fabricating as many units as possible, yet remains way-short of producing a sufficient number. An enormous (ridiculously enormous) amount of goods spoil on their way to port. The Journal indicates an opportunity for foreign manufacturing interests.

One Hong Kong company that entered the refrigerated rail business very recently appears set to gain from participating in what they call Reefer-On-Rail (ROR) transport. Much to my chagrin the company -- Orient Overseas Container Lines -- is not traded publicly. OOCL is a fully-owned subsidiary of Overseas Orient International Lines (316).