China Stock bubble + population size = Buy china?

what is the per capita income in china?

if population size sustains market bubbles, why wasn't there a china bubble 10 or 20 years ago?
 
Quote from Madison:

what is the per capita income in china?

if population size sustains market bubbles, why wasn't there a china bubble 10 or 20 years ago?

Did you know they're a "communist" country? :D

Go back 20 years and tell me what you see...I'm only in my mid-20's but I remember.
 
Quote from chanster:

lol instead of china hording there 1.2 trillion of reserves why don't they spend it on there dirt poor population. they have zero healthcare are public housing. they have few roads. it would cost them 100 times there reserves to get there nation up to par.
They "need" to have poor people.
If salaries increase, their -massive- exports will become less competitive.

Sad but true.
 
Quote from Mvic:

The country as a whole may be poor but there are more than a few very rich Chinese, and more than a few in China translates to big numbers. I saw an item that cost $3500US sell over 400 units in the Shanghai Galleria in one day. I doubt any US mall could match those numbers.

go to las vegas's louis vuitton or hermes shops and you'll see chinese tourists snatching up us$2,000 - $15,000 items hand-over-fist.
also, the previous post on the chinese gambling habit is true. macau just surpassed las vegas in gambling revenues. all table games, as i've read that slot machines are not popular there.
 
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