not the faintest idea m8. I know theyre not perfect,but they are still "communists in name" and they have only just become an emerged market,so you cant expect them to get everything right,all the time. lets look at their good points,fast growing(but slowing),vast currency reserves,bought on the cheap after the crash,huge middle class and growing,hot women.lol.importer of luxury goods,cars,planes,techno stuff,2nd biggest economy. what cud go wrong.lol.
Then feel free to enlighten us on their savviness which has lead to the present situation of severe market controls, threat of jail and even death. This can never happen here because this is China (famous words to the western governments after 2008 crash). Greed has no borders. Not a good idea to think of China as communists in name only, after all freedom of speak is banned and selling your shares too. Buying is encouraged, but why buy if you can't sell. Savvy
the Chinese are a lot more savvi than you think. when you see that table with all the top government ministers sat along it,most of them are successful businessman,not politicians born with a silver spoon in their mouths. they are communists only in name?
Chinese are very clever and they knew its coming.Last two years, they have dumped cash all over the World from Africa to South America.Few years later, they will be gaining from the other continents booming economies.Now they have control on many copper mines and many other controlling points.
John65: The Chinese way of seeing and doing things leaves a lot to be desired. Have quite a few contacts out there and frequently warned them of the looming disaster which will hit. Generally they have a poor understanding of economic law and gravity. What you see now is (fear & greed) at its worse, and a severe lesson being dished out to banana sellers. Tip: buy into shirt manufacturers, because a few are being lost.....lol
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