Understanding China, One Blog at a Time

An American in China

Comment on Investing in China

Posted by w_thames_the_d on February 20, 2011


Here is an excellent, imho , opinion on investing in China. The author of the comment is the authoress of one of my favorite blogs found here. I agree withe her sentiments and am amazed at how ignorant people are of how things work in China. One of my good friends just sunk tens of thousands into a Chinese stock and he understands that 20% of all Chinsees stocks listed in the USA are being investigated for some form of fraud. But, greed, being what it is, often blinds us. to be forewarned is a beautiful in China
excerpt from comments.
“My brother-in-law asked us the other day, “So if I wanted to invest in some stocks in China, what would you recommend?” Mr. Hot Stuff and I looked at each other and said in unison, “Don’t. Just Don’t.” Mr. Hot Stuff went on to say that everything is so corrupt in China that if you reallyreallyreally want to invest there, find out which companies the rich party officials are invested in and then invest in those same companies. Otherwise, just kiss your money goodbye.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: