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

To: Z268 who wrote (8167)	2/27/1999 8:09:00 AM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

Re: CDMA and China "There are already signs that China is playing the CDMA card, perhaps even more so given the recent rejection of the $400M satellite launch contract." Stephen and Ramsey, I was quite surprised a couple of days ago to read something along the lines that "CDMA was banned in China." But I could never find any reputable news organization verifying this. I believe the rumour started via a Yahoo poster. As we all have probably seen, Yahoo message boards have consistently posted false information. So I figured that's all there was to it. But am I missing something? Were there any news stories specifically relating to a, "CDMA ban," coming out of China? If so, can anyone point us to articles of this specific nature. On the surface it would seem ironic that the Chinese would want to punish Loral(Loral is involved with Globalstar's CDMA project) because Loral was the company willing to give them the technology(or sealed products?) needed to fix their satellite navigation problems. MikeM(From Florida)

To: Z268 who wrote (8167)	2/27/1999 8:57:00 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 9980

Stephen, yes, there was an article in WSJ earlier this week that kind of triggered my post on the QCOM thread. However, it is so far determined that the WSJ reporters had no reliable source for his story, most likely wishful thinking from a competitor at China Telecom. Our government is clearly going after not only China but also Japan and Korea over trade issues. I wonder how much of the current trade imbalance is due to drastic reduction in Asian consumer demand, vs artificial trade barrier that these countries put up. The superficial statistics that is available from the newspaper seem to suggest the former. Whether it is "fair" trade or not, most Asian economies and governments are ill prepared to address these issues under the current environment. It is unclear to me as to what we are trying to accomplish. Sometimes I think the US simply prefer to totally destroy other nations, such as the USSR, so that we can remain the oasis of prosperity. Na, that may be a little too cynical, even for a skeptic like me. Ramsey