[PEN-L:7705] Re: Re: Re: China, WTO & Excess Capacity

[phillp2@xxxxxxxxxxxxxxx (ts99u-2.cc.umanitoba.ca [130.179.154.225]) by]

What I don't understand is why China seems so intent on getting in
to the WTO which will limit its ability to use policy measures to
develop its own economy.

Paul Phillips,
Economics,
University of Manitoba

Date sent:      	Thu, 03 Jun 1999 18:18:04 -0400
From:           	"Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>
To:             	pen-l@xxxxxxxxxxxxxxxxxxx
Subject:        	[PEN-L:7660] Re: Re: China, WTO & Excess Capacity
Send reply to:  	pen-l@xxxxxxxxxxxxxxxxxxx

 >  I am devoting my energy to move China back to the socialist road.  A
> mixed economy only means a capitalist economy through torturous paths.  I firmly
> believe that profit is not the only effective movtiving economic force and a profit
> motivation society cannot be good.  That is why I think Mao is important and WTO is
> a bad vehicle.
>
> Henry C.K. Liu
>
>