Stock Ideas arrow Stock Ideas arrow Investors Daily Edge arrow Cracks in the Great Wall of China: Honeymoon Over?
Rating
Click for Help

Market Watch

My new big China pick is CCBX As you may remember, I was in China a month ago and I alerted everyone to CPSL when it was roughly $4 and it ran up to $11 in just a few days!!!
Make sure you add CCBX to your watch list, because it might be the next to go!
More...
 

Login Form






Lost Password?
No account yet? Register
Cracks in the Great Wall of China: Honeymoon Over?
User Rating: / 0
PoorBest 
Friday, 20 July 2007
Even once furor fades over defective Chinese exports, it's unlikely that China will ever regain the uncritical acclaim it enjoyed over the past two years.
The world is coming to realize that the very same policies that generate eye-popping GDP figures threaten China's future prospects of developing into a modern economy. Developmental economists have known this for a long time. "Extensive development" -- putting up a factory on land and producing bad quality shoes -- is easy. "Intensive development" -- manufacturing quality products, distributing, marketing and branding them -- is hard.

And there's just something about the Chinese export scandal that made Americans feel a bit queasy. Yes, in the 1960s and 1970s, "Made in Japan" and "Made in Korea" were synonymous with shoddiness. Yet when Japan made shoddy goods, it was because it was on a learning curve. But the fact that mainland Chinese deliberately substitute cheaper toxic materials in medicines to save money crossed the line.
Initiating Coverage Jindal SAW (SAWPIP) Report by ICICI Direct

Jindal SAW (JSL) remains our top pick despite the divestment of its US operations. We believe the divestment is earning accretive, as the company will now have a focused approach towards its robust...
+ Full Story

$59 Computer Hitting Chinese Markets

You see, a 'new computer' is getting ready to take the world by storm... Dubbed the '$59 Computer' by some technology insiders, because it's capable of being manufactured and...
+ Full Story


There are other reasons why the bloom is fading off the Chinese rose. China's $1.2 trillion in reserves is matched by the amount of bad debt in its banking system. That's close to 50% of its GDP -- making the U.S. savings and loan (S&L) crisis or current subprime lending woes look like a rounding error.

Source: Excerpts from Global Guru Nicholas Vardy 

  • We endeavor to decipher analysis of this Teaser/News Letter to distinguish the thoughts of Authors/Editors.

  • Please post your Review/Comments, your rating helps other users gauge the value of an article ...

  • Was this service a Ripoff ? Click Here To Post Your Ripoff Story !


Bookmark and Share



RSS comments

Write review Your rating helps people guage value of an article
Name:
E-mail
BBCode:Web AddressEmail AddressBold TextItalic TextUnderlined TextQuoteCodeOpen ListList ItemClose List
Review:

I wish to be contacted by email regarding additional comments
Sorry but! We have to make sure that you are not a bot Please solve this simple math before you submit:
LBE         NEB      
  X    K    E L   CM6
3YP   CXX   6 Q      
  I    R    1 S   2AE
719         RBN      

 
< Prev   Next >