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To: hawaiian
(Just for the record, as with everything else in modern politics, the phrase "Permanent Normal Trade Relations" does not refer to actual "permanence" - China is admitted to the WTO (spitooee!), but must keep the covenants and laws of the aforementioned group in order to stay in.)

IMHO, China is broke - Most of the money that they gained came from the acquisition of Hong Kong, and, being a Socialist government, with the Marxist financial management "skills" which many Americans foolishly covet, I'm willing to wager that most of that money is already gone. But I'm no expert...

:) ttt

14 posted on 12/27/2001 1:16:28 PM PST by detsaoT
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To: detsaoT
China is broke

My foot.

China gets 2 billion dollars PLUS from the USA in commerce EACH WEEK.

That's over 100 billion a year.

Who's broke?

22 posted on 12/27/2001 1:22:22 PM PST by George from New England
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