Last week, I wrote of China's bubble and the looming crisis when it bursts. An article in the WSJ underscores still more dramatically how imminent China's crash may be and, even more importantly, its implications for the larger Chinese society. It falls short, however, of touching on the significant implications for the global economy as well.
The article, by James Areddy with help from Ellen Zhu, is well worth a close read. http://online.wsj.com/article/SB119245722443459208.html?mod=todays_us_page_one
I reiterate my strong recommendation to sell all holdings in China's market, especially FXI and PTR.
Related Articles:
With Chinese Imports You Get What You Pay For by PhilR - Aug 03, 2007
You Will Lose Your Shirt, Pants and Underwear with Emerging Markets Here by JRodgers - Aug 24, 2007
Will the Olympics Mark the end of the Oil and Commodity Boom? by JRodgers - Aug 05, 2008
When China's Bubble Bursts There Will Be Executions by art - Aug 24, 2007
The Killer Combo Part 2 --- FXI and BRK-B by Marc Freedman - Oct 03, 2007
Wireless Leaving Land-Lines in the Dust in China by Marc Freedman - Oct 23, 2007
China come roaring to a slow quarter growth of 11.5% by Marc Freedman -
XOM in Spread Squeeze; PTR protected by China Government by Marc Freedman - Nov 01, 2007
The Mother of all Bubbles by H Greenleaf - Oct 12, 2007.


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