To: T A P who wrote (87 ) 5/5/1999 1:08:00 AM From: T A P Read Replies (1) | Respond to of 127
Must read!! Future for CHIF looks bright! Investors, read this..investments in China.... general trend... ------------------------------------------------------ Commercial Advantages China has become the second largest destination for foreign investment in the world, and it is expected to overtake the United States as the No. 1 investment preference in the near future, according to a senior American economist. Mr. Donald R. Forest, director and senior international economist for the U.S. Department of Commerce's Office of the Chinese Mainland, Hong Kong, Macau and Taiwan, made that remark at a recent discussion sponsored by the American Center for Educational Exchange in Beijing. The forum, entitled, "Creating Commercial Advantages," was attended by businessmen and scholars. China should take particular care in managing existing foreign investment, "including American investors," Forest said. He added that China has made important strides in opening its services market in a variety of cities, notably Shanghai and Guangzhou, but more remains to be done. Foreign investors tap all kinds of services in their attempts to support investment operations, he said, for example insurance, banking, value-added telecommunications, accounting, legal services, engineering and other sub-sectors. Copyright 1998 China2000, all rights reserved. This site designed, maintained and hosted by Capitol Web Services. T A P has received 5K shares of restricted stock of CHIF from the company for services provided for a period of 1 year. For a complete write-up on CHIF and other Turn Around Picks and to join free, go to T A P profile for url.