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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (50314)5/23/2004 3:17:19 AM
From: Seeker of Truth  Read Replies (1) of 74559
 
At this point in history there are some good reasons for not investing in China, despite the rapid growth of the economy. There is the lack of transparency, the absence of a safe and reliable way for a man in the street to expose corrupt officials, etc. But as Roger's data attest. (Americans save 2% of their income, Chinese people save 35%), there are also good reasons to invest in China. I compromise at 10% in China. I think Jay, ever nimble, is close to zero right at this minute. Maybe he will be at 50% in 2 years.
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