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


To: Bosco who wrote (8673)6/3/1999 4:20:00 PM
From: DMaA  Respond to of 9980
 
However, I tend to see the domestic unfolding of the bombing mistake as a skilful attempt by the *reformer* [more like a "not-so-hardliner" <g>] to allow the masses to let off some steam.

You can't possibly believe any of that was spontaneous can you?



To: Bosco who wrote (8673)6/3/1999 5:30:00 PM
From: Henry Volquardsen  Respond to of 9980
 
I agree with what you are saying. But that is not inconsistent with it also being used as a lever against the reformers. There were factions who were critical of the government for offering to much to the West to gain WTO admittance. They have been quite vocal in using recent events to show, supposedly, that the West cannot be trusted so therefore reforms and concessions are misguided. I'm not saying that this point of view will win in the long run, just that it is going to have a near term impact of making a WTO agreement much more difficult to accomplish.

H



To: Bosco who wrote (8673)6/4/1999 1:32:00 AM
From: Stitch  Respond to of 9980
 
Bosco,

Thanks for the link on the article concerning Chinese currency. I recall earlier conversations here about this subject and believe it was Ron that pointed out that there was little about SE Asia to compare to China with regard to their debt, etc. But the line in the report that I was entertained by the most was:

<<But since this makes such good sense, it is doubtful whether the Japanese bureaucrats that run Japan will allow it to happen. >>

Now maybe it is arguable whether politics are the same everywhere but it is certainly not arguable that bureaucrats are.

Best,
Stitch
(still laughing)



To: Bosco who wrote (8673)6/4/1999 7:27:00 AM
From: Liatris Spicata  Read Replies (1) | Respond to of 9980
 
Bosco-

I would hazard a guess that there is at least one more significant motivation behind the PRC's reaction to the embassy bombing. They are unhappy that the US would go to war in Yugoslavia- where they see no compelling US national interest- in the face of Chinese sentiments on the subject. They would have hoped that Beijing's wishes would have been taken more seriously in Washington.

Larry