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To: Canuck Dave who wrote (83993)5/29/2007 2:46:55 PM
From: Rocket Red  Read Replies (1) | Respond to of 312354
 
China will have corrections just like our markets.There Economy is in full swing and ya won't stop that overnight



To: Canuck Dave who wrote (83993)5/29/2007 4:29:02 PM
From: ACAN  Read Replies (1) | Respond to of 312354
 
Interesting comment and comparison, I think.

From: mchjc 5/28/2007 11:40:01 PM


China bubble...cont'd..

New issue Economist has article headed ..

"China's economy may be less vulnerable to a bursting of the stockmarket bubble than it appears.."

Among other things noted in the lengthy article, rise of market in the BRIC countries compared since Jan 1, 2003: Brazil leads, up over 800%; Russia and India next, each up about 500%; China up only something over 300%..

Only about 7% of the population in China own shares.The total value of tradeable shares is only 25% of GDP.....compared to 150% in the US, 100% each in Japan, India, Russia, and Korea, and about 75% in Brazil..

May not have been far off this morning when I joshed David about the Shanghai Index up to 8,888.88...LOL

Also, clear that Greenspan could really use a research staff like he had at the Fed !!...LOL