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China-Japan-Koreas
China Shares Tank; Commies Panic
2008-08-01
Posted by:phil_b

#4  That might be so, they may be hurt in the process, but I have more confidence in them running things than the ChiCom thugs.
Posted by: rjschwarz   2008-08-01 16:45  

#3  rjschwarz: I thought the taiwanese were one of the major investors in the stock market there?
Posted by: Abdominal Snowman   2008-08-01 13:51  

#2  I hope China sinks and Taiwan buys the place up lock, stock and barrel.
Posted by: rjschwarz   2008-08-01 11:34  

#1  Interesting.
I still think China's economy is very vulnerable because of all the bad debts the government bank has made. They have been counting on their stockpile of dollars to ease any problems, but with the dollar tanked and the US in no mood to lend money to outsiders, China could be in serious problems.

Time will tell and I don't think anyone, including the Chinese (well, except maybe a couple high ups) know exactly how vulnerable or not they are.
Posted by: DarthVader   2008-08-01 09:34  

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