Hi que seria, <<Chinese paper company>>
As you can see from my China Watch List achamchen.com , I do not pay too much attention to Chinese manufacturing companies (with the single exception of Shanghai Industrial, which may become a dominant global auto parts supplier, along with many other things, plus a large real estate holder, toll road operator, etc).
My reasoning is simple:
(a) all manufacturers in China of all things are operating in a tough global and intense local environment, running in place, suffering from death-level discount, and competitive doom by a thousand nibbles;
(b) shareholder will share much wealth, when they are generated, with many stakeholders; and
(c) given the 1920s stage of development, management tend to do wild diversification and lose mucho money after expending a lot of energy.
Chugs, Jay |
