Chinese can be tremendous businessmen and make a lot of money in a heartbeat but as a nation, economicly they suck. The only successful businesses in China have been those managed by westerners.
Their products are of very bad quality and when manufacturing costs through higher salaries, finaly rise, they will sink.
And if salaries don't rise, their economy will stay a third world economy.
It's a lose/lose situation.
Also chinese stocks are subjects to extreme speculations as chinese try to make money out of everything.
Extremely dangerous in the mid/short term and not attractive in the long term.
I would trust much more Latino America, or even Russia, Central Asia or even more daring India.
Quote:
|
Originally Posted by Airelon
I've studied it's history for the last 120 years,
|
Geez! How old are you, man?
