Page 10A:
When US doles out bailout candy: Cash infusions: -
Citigroup $25 billion.
J.P. Morgan Chase Ditto.
Wells Fargo Ditto.
Bank of America 15 billion.
Lots of $ for big banks to distribute to ??? Let us read the headlines as days go by...
Page 1B: GDP, Consumer Spending fall: Worst is yet to come. Time will tell...
Investor's Business Daily: Oct. 31, 2008 page B5:
China Mobile's Profit Sturdier than its stock.
China Mobile won 370 million subscribers,making No. 1 in the nation by far.
The whole market at 520 million users. Will soon hit 600 million.
Think about such impacts to the folks in China. They are netizens as citizens of China. Global impact can be readily seen with such means of easy communication.
Francis Shieh a.k.a. Xie Shihao watching the economic deveopment of China with reference to USA re Sino-American economic relations in the 21st century.
Nov. 1,2008 at 11.22 a.m.
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