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Reply #50: China is complex [View All]

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Pavulon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-08-07 12:34 PM
Response to Reply #39
50. China is complex
because its consumers are not allowed to (legally) invest in foreign markets. So you have blending of the oppressor state and free market behavior. The government can invest here, but not citizens. A weak dollar buys them positions of value in our market at discount. Once in that position they have no interest in causing devaluation.

So IPOs on the Chinese market are always a hit. Because if you live in china and have spare money you can either bank it, put under the mattress, or invest it domestically.

China's markets are very complex and volatile. Any change by the state can cause big shifts for the individual.

It is unwise to lump in the function of the economy to one administration. Many times there are significant lags and fast forward events that happen independent of who sits in the whitehouse.

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