Home › Forums › Financial Markets/Economics › Our Friends, the Chinese and Sheikhs
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June 15, 2007 at 5:32 PM #59706June 15, 2007 at 5:36 PM #59708
Anonymous
Guestjg: “The teacher in China has her U.S. stock portfolio go down.”
Don’t let your imagination run wild. Average Chinese are not allowed to invest overseas. There are “qualified” investors (QDII)that can invest in foreign markets but they have just been permitted to invest in stocks recently.
June 15, 2007 at 5:36 PM #59740Guestjg: “The teacher in China has her U.S. stock portfolio go down.”
Don’t let your imagination run wild. Average Chinese are not allowed to invest overseas. There are “qualified” investors (QDII)that can invest in foreign markets but they have just been permitted to invest in stocks recently.
June 15, 2007 at 9:46 PM #59731Guesthz, thank you for the insight; I stand corrected.
Change my story to, “The Chinese stock market goes down in value…”
June 15, 2007 at 9:46 PM #59764Guesthz, thank you for the insight; I stand corrected.
Change my story to, “The Chinese stock market goes down in value…”
June 15, 2007 at 10:02 PM #59733GuestAverage Chinese have no interest in investing overseas, especially US.
They know for sure that the yuan will be revalued upward over the years.
They know for sure that China will have a higher growth rate for the next 500 years.
It’s Chinese banks, property or shares for them.
June 15, 2007 at 10:02 PM #59766GuestAverage Chinese have no interest in investing overseas, especially US.
They know for sure that the yuan will be revalued upward over the years.
They know for sure that China will have a higher growth rate for the next 500 years.
It’s Chinese banks, property or shares for them.
June 15, 2007 at 10:59 PM #59755PerryChase
ParticipantGood topic, jg. What you say makes sense to me.
As a Christian you should say the money “goes to heaven.” 🙂
Some of your writing is quite descriptive. I like the “cool as a cucumber” expression.
June 15, 2007 at 10:59 PM #59788ParticipantGood topic, jg. What you say makes sense to me.
As a Christian you should say the money “goes to heaven.” 🙂
Some of your writing is quite descriptive. I like the “cool as a cucumber” expression.
June 16, 2007 at 6:49 AM #59779NotCranky
Participant“As a Christian you should say the money “goes to heaven.” 🙂
….so do all Perry’s dogs!
Now we know what jg is up to: It’s all about HIM the MONEY and all the GOOD DOGS in heaven!
Happy Father’s day JG 🙂
June 16, 2007 at 6:49 AM #59812Participant“As a Christian you should say the money “goes to heaven.” 🙂
….so do all Perry’s dogs!
Now we know what jg is up to: It’s all about HIM the MONEY and all the GOOD DOGS in heaven!
Happy Father’s day JG 🙂
June 16, 2007 at 9:18 AM #59783GuestThank you, R-. And, Happy Father’s Day to you, sir.
June 16, 2007 at 9:18 AM #59816GuestThank you, R-. And, Happy Father’s Day to you, sir.
June 16, 2007 at 9:26 AM #59787GuestWe’ll see about China, DrC. I know little about China, but when I scratch the surface, I read about abject poverty in the countryside, nonsensical loans floating dilapidated state-run factories, and lack of respect for life (one manifestation is their use of melamine to treat animal food; what they heck are they thinking).
We’ll see how it plays out when times get tough — and times will be very tough for the Chinese when their export markets in the U.S. and Europe dry up to nothing during the upcoming Depression.
I have much greater confidence that India will weather the storm well, given their solid, British-founded institutions.
June 16, 2007 at 9:26 AM #59820GuestWe’ll see about China, DrC. I know little about China, but when I scratch the surface, I read about abject poverty in the countryside, nonsensical loans floating dilapidated state-run factories, and lack of respect for life (one manifestation is their use of melamine to treat animal food; what they heck are they thinking).
We’ll see how it plays out when times get tough — and times will be very tough for the Chinese when their export markets in the U.S. and Europe dry up to nothing during the upcoming Depression.
I have much greater confidence that India will weather the storm well, given their solid, British-founded institutions.
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