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Politics : President Barack Obama
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To: RetiredNow who wrote (125682)10/29/2012 6:54:27 PM
From: tejek  Read Replies (1) of 149317
 
FYI. Since you and I are both investors in China, just wanted to give you a headsup. Looks like Chinese insiders aren't as sanguine about China's immediate future as foreign investors are. I hope this article is wrong, because I just made a small investment in CHXF in the belief that China had his bottom. Doesn't seem like anywhere is a good investment nowadays with the Fed chasing money out of the safe things.

The Great Chinese Stampede: Hot Money Leaving the Country
forbes.com

This is not news. Chinese money has been making its way up and down the west coast. Vancouver is 150 miles north.....and has gotten 'drunk' with Chinese money. It has some of the most expensive housing on the west coast with an economy that is barely growing. Whole suburbs are Chinese owned now. Chinese money is making its ways into other west coast cities as well...but nothing like in Vancouver.

And it makes sense.......living in a dictatorship..........you never know when you might have to leave in a hurry.
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