China vs. Hong Kong as Investment Destinations
Roger Nusbaum submits:
I read an article on Sunday that questioned whether or not China would implode. I’m not too concerned with debating that article so much as discussing the long term prospects, or lack thereof, of China. In addition to the article in question there was an analyst of some sort on Asia Squawkbox who believes that the Shanghai Composite will bottom out a few hundred points lower than the current level.
The are concerns about the various growing pains and mistakes that have been made in managing the Chinese economy and whatever mistakes that will be made in the future. Hopefully, it is obvious that mistakes will be made in managing the Chinese economy just as in other economies.