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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Tuesday, May 10, 2005

Why Investing in China is Just Not Worth the Risk....

The deck is definitely stacked against you when you invest in China.
Chinese stocks fell on concern a government plan to sell as much as $264 billion of non-tradable state shares in the nation's companies will be unfavorable to minority investors.

Until these people stop being so arrogant, share prices in China will continue to fall. Major Chinese indexes are near 6 year lows. With growth in the economy over that time averaging 7-8%, how can this be possible? Just don't trust them. Corporate insiders and officials are out to make money just for themselves and everyone else can be damned.

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