China’s Leaders Are Opening the Door for Profits [View article]
Two problems with China:
Big one: authoritarian government. Which is, despite Wall Street opinion, big risk for long term investments. Smaller one: End of cheap labor. I blogged a little bit about it, visit my blog if you want. Yes, people in rural China are still dirt cheap to hire, but they require a lot of training, unlike people from industrial regions of China, and many of them don't have high school education, which disqualifies them from many jobs.
China’s Leaders Are Opening the Door for Profits [View article]
Big one: authoritarian government. Which is, despite Wall Street opinion, big risk for long term investments.
Smaller one: End of cheap labor. I blogged a little bit about it, visit my blog if you want. Yes, people in rural China are still dirt cheap to hire, but they require a lot of training, unlike people from industrial regions of China, and many of them don't have high school education, which disqualifies them from many jobs.
I'm staying away.