ouver hew papa---

Wednesday, September 30, 2009

china still

Papa seems to be running into the topic of China with its myriad permutations all over the place.

Papa met yesterday a bunch of people from the Malaysian China Friends Association, ( Papa thinks thats what Papa met, but Papa has got to check the calling cards) who gave Papa a briefing of sorts on the Chinese economy. They seem to have the impression that Papa's group of associates can raise USD1b....or rather talk was bandied about for a China fund of that size.
Woooo....

They hope to raise a portion of that in Malaysia. Papa has got no comment on that, but Papa did get to find out some interesting statistics about the Chinese economy. When the figure for a company 's assets is around 900,000 million RMB , it kind of sticks in one's head.

Ok its actually the Malaysia-China Friendship Association. Their web-site is in chinese. The english version on their site is translated by Babelfish, but then its all gibberish.

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