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Strategies & Market Trends : Greater China Stocks

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To: Julius Wong who wrote (7316)	12/7/2010 2:06:02 PM
From: Sam	Read Replies (3) of 8334

Julius, a little OT perhaps in that it isn't about individual Chinese stocks, but this is the bear view of China in the long run: blogs.forbes.com An interview with Vitaliy Katsenelson comments welcomed brief excerpt: VK: That’s right. But as outrageous an example as the South China Mall is, there’s an even more outrageous example – namely that the Chinese built an entire city, Ordos, in Inner Mongolia for 1.5 million residents and it is completely empty. These are classic examples of the sort of excesses going on in China.... The problem with China is pretty much same as with any bubble. Though it may have had a solid foundation under it, it is simply a good thing taken too far. If you look at the railroad bubble in the United States, the country did need railroads, but we built too many.

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