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To: freeus who wrote (91400)1/26/1999 1:55:00 PM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hi Lynn,..Re:. China not devaluing

Don't listen to the pundits, especially about China. The pressure on China is greatly relieved because of the rise in the value of the Yen. Therefore, their area trade is not as threatened as when the Yen was very weak. Also, China currency cannot be attacked by speculators and furthermore, their reserves are substantial and their trade surplus with the US is growing smartly.

Regards,

Lee



To: freeus who wrote (91400)1/26/1999 4:03:00 PM
From: Mohan Marette  Respond to of 176387
 
Tells you how much imbecile on the radio knows,could have been closer to truth if he said Japan,then again to some all Asians look alike don't it?<eom>