Asia/PacificInvestmentResearchMORGANSTANLEYDEANWITTERThismemorandumisbasedoninformationavailabletothepublic.Norepresentationismadethatitisaccurateorcomplete.Thismemorandumisnotanoffertobuyorsellorasolicitationofanoffertobuyorsellthesecuritiesmentioned.Pleaserefertothenotesattheendofthisreport.November11,1999China:InfrastructureJing-FengYou–HongKong2848-6511whoBenefitsfromChina’sChangingHighwa...