How can you tell which is a real fishing boat and which is not from up in the sky at night? |
If prices -- adjusted for inflation -- were to go above those of the 1970s oil crisis, then China would face a trade off. It either lets its refiners go bankrupt or it sacrifices its inflation target, |
Most other countries' petrochemical firms are making big profits. In China they are seeing negative growth. |
Presence of American troops in the Strait of Malacca could lead to some kind of reaction from terrorists. Once people start shooting in territorial waters, then the question of sovereignty is sharpened. |
We are optimistic on 2006 sales as Hong Kong's economy continues to do well on improved incomes as well as increasing tourist arrivals. |