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To: JRI who wrote (91414)	1/26/1999 2:21:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Hi John,.>Re:.China If what we read is true, China has also taken many of the tough steps, by decree I might add, that Brazil has put off and has to vote on to enact. And you are correct about the credits. There is a Chinese word for them that I can't remember, but they will call them in at some point. <g> China is an entirely different set of circumstances from Russia and Brazil. After what Hong Kong did last summer to the speculators, I would be really surprised to see any serious assaults on the HK$ going forward. <g> Regards, Lee