Quote from geowalker:
the government must try its best to deal with the problem.
Let's put all these talk about Chinese economic structure aside (while it is intellectually interesting, I won't make any money writing B grade Chinese history papers), and get to the trading discussions.
Geowalker, what kind of market do you trade? What kind of system (discretionary, trend following, etc, etc) do you use? What kind of general time frames? You mentioned that you trade tech in one of your posts.
I use a pure automated system (no human involvement) trading on mostly futures and futures option markets (largely on CME). It seems that foreign entities are buying up minority stakes in Chinese banks in a frenzy, other than participating in Chinese bank IPOs (which I believe would be a short term gainer until the bad loans start to float to the surface, call me a pessmist).
For a tech firm (hard tech, not Internet or E-Commerce based, which is a different story) to succeed in China, it must focus on intellectual property (IP) rights, isnt' the IP law in China still rather lax (in comparison to western courts)? Then how does a tech firm maintain its R&D advantage?
Everyone made a little money on BAIDU (naturally), but the steam is seeping out. China Construction bank is the latest hot IPO, and it will do well, with a good 30% pop when listed on Hang Seng.
