To: LowCountryJoe
Yes, it does.
Thanks!
I was reading about legislation last year concerning China investors getting screwed, and Congress requesting they make good on the bond.
With their rapid, growth and their recent transportation changes, I wouldn't be investing in China so much as the corporations that excel at providing the goods and services of growth.
IMHO, China isn't going to liberalize their policies any more than they absolutely have to to keep the rest of the world quiet.
17 posted on
09/24/2004 9:42:34 AM PDT by
mabelkitty
(Watch for a CBS employee in a trench coat going by DeepWord.....)
To: mabelkitty
They are liberalizing their policies to embrace markets on the macro level, slowly but surely. This, however, doesn't necessarily mean that they're liberalizing policies at the micro level. Although, they do seem to have internal conflicts between the Beijing school of thought and the Hong Kong school of thought that will be resolved and these changes should affect the microeconomics. I personally think that the remainder of China will move the direction of Hong Kong over time. Everything has its seasons, therefore I disagree with your outlook.
20 posted on
09/24/2004 11:31:56 AM PDT by
LowCountryJoe
("How the Far Right Has Been Left [and] Behind" - PJB)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson