Quote from vegasoul:
that argument have been valid for the past 200yrs, and it's only the recent decade that that potential been tap. Chinese are the hardest working people in the world.
China is a bubble that is going burst very soon. the political system is fundatmentally incompatible with capitalism. the income disparity is the highest in the world and corruption is rampant, the financial system is on course for a major collaspe. things are just not what they seem.
But you need to talk to the Chinese people to REALLY know what's going on. when I ask them what's the oppuntunities in china nowadays, I get the same answer everytime, property/stock speculation. Credit driven speculation and not investment in technology or productivity. that's what really scares me.
no matter what, the bull market is ripe for a correction, even the chinese government acknowleadge the overheating of the economy and are taking measures to calm it down, and when the communists admit there is something wrong, you know the problem is very very serious.
too bad there isn't a lot of ways to short into it.