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Gold/Mining/Energy : Precious and Base Metal Investing
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To: russwinter who wrote (5765)12/5/2002 7:19:59 PM
From: ralfph  Read Replies (1) of 39344
 
China- Hows this for one of the problems in China.

Too many levels of government

(1) first you got your local laws and property rights

(2) Then you got your district laws and property rights

(3) then you got your national laws and property rights.

And of course you never know which law or property right supercedes which. This is compounded by a bunch of paper and verbal agreements that may or may not remove the rights or grant rights to some one else.

regards
ralfph

Of course if you play Monti Pythons "I like Chinese " everything will look better
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