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To: RealMuLan who wrote (42778)4/20/1999 4:50:00 PM
From: BigBull  Respond to of 95453
 
Yiwu Zhang, the comparison between oil IMPORTs to China and Korea may not be a complete one. I posted a few months back that China halted export to Japan of a substantial amount of it's internal oil production due to low prices. The Chinese stated that they would use the production for internal consumption. That may have something with Chinese oil imports being lower than Koreas. I have also stated many, many, many times that Korea would would be The FIRST out of the Asian recession.

BTW, Are you suggesting that the recent run in prices of all ASIAN bourses is sound and fury signifying nothing? Are you further suggesting that these stock markets are NOT a leading indicator of what will inevitably transpire in their associated economies? If you are then the weight of history is against you and the burden of proof is on you.