Millions of Chinese + S&P ETF in china = ???

[KINGOFSHORTS]

http://www.marketwatch.com/story/sp-500-etf-to-be-offered-to-chinese-investors-2010-03-18

S&P 500 ETF will be available in china.

Now just imagine all those chinese folks who are getting squat for their money sitting in piles at some Chinese bank and now have the ability to load up on the basket of S&P 500 stocks.

I could see this pushing up the markets over time quite a bit.

 

[trendy]

Psssssst, hey buddy, in case you didn't know it, the Chinese have their own stock exchange.

 

[nazzdack]

Quote from KINGOFSHORTS:
----all those chinese folks......have the ability to load up on the basket of S&P 500 stocks.
----I could see this pushing up the markets over time quite a bit.

1) We'll "poison" them with our tobacco, booze, red meat, junk food, index fund buying, portfolio diversification........
2) For lunch, General Tso's chicken seems a good choice right now.