No, China Will Absolutely Not Collapse [View article]
Metricon -- good point. I totally agree with you too many folks are hiding behind credentials and make mistakes. My point in saying that was showing that the govt is modernizing its civil service force and that there are people truly interested in stats (not govt hacks) involved. But I agree, academic or purported experience does not mean we should listen to them at all... we would not be in the financial mess we are if people were confident enough to stand up to experts.
Tony Petrowski -- thanks for the insights and suggestions.
Alphameister -- thanks. Looking at what companies are doing is the best way to know what is strong, not just stats. There are reasons why Pepsi, Coke, YUM are investing billions into China -- they are seeing the returns.
Huangthomas -- always appreciate you commenting.
User 525079: it is very difficult for retail investors to get exposure comfortably in China. There is definite risk if you don't know what you are doing. I would recommend getting a small exposure but be real careful.
Why 8% May Not Be The Magic Number For China [View article]
Yes, the retirement age in China especially in SOEs is far too young. It needs to be extended (just like elsewhere in the world like the US). When you look at retirement ages were implemented and life expectancy at the time, one realize the dates should be delayed a decade or more.
Why 8% May Not Be The Magic Number For China [View article]
Exactly, one of the reasons why I am bullish on the economy if that the labor market remains tight -- it is still relatively easy to find a decent, low paying job.
Why 8% May Not Be The Magic Number For China [View article]
Well, he has been completely wrong, completely, on his analysis of China yet somehow people still listen to him. Have to give him credit, he was able to position himself as a bear, raise money, and take negative positions. Even though the economy certainly was not as sick as he argued, there was some low hanging fruit on the downside. Class short seller play.
Why 8% May Not Be The Magic Number For China [View article]
I agree that I am quite confident in the next 5-10 year space. There are still lots of improvements to be made in productivity, bringing rural areas into the first world, and cutting back on inefficient regulatory regimes.
Mercedes Needs To Rethink Its China Market [View article]
Thanks for sharing Sam. Indeed, VW has positioned itself well for the mid market in China, and they capture the high end now with Audi and Porsche. They also own Rolls Royce so they are able to hit nearly all the price points, styles that Chinese consumers want. They will do well as they have differentiated everything quite well.
Mercedes Needs To Rethink Its China Market [View article]
Another issue Volvo/ Geeley now will have to overcome in China... there are too many Volvo buses for the brand to be seen as being able to charge the kind of prices it wants for sedans. Sales are indeed sputtering.
Mercedes Needs To Rethink Its China Market [View article]
I do think being associated as a "cab" brand definitely hurts the image/ brand positioning of companies and selling to taxi fleets is a strategy I would be wary to employ by auto brands. The short-term revenue gain is offset by the damaged longer-term position... unless the brand wants to be seen as cheap.
Hyundai became the de facto taxi brand in BJ 10 years ago which hurt them as they wanted to be seen as a mid-premiumish. That obviously did not work and they sputtered. But now they are seen as cheap in China which is a good price point.
Stocks To Own And Stocks To Avoid To Profit From China's Growth - An Interview With China Expert Shaun Rein, Part 1 [View article]
mh001: there is no point in engaging people like BEA. He is attacking Sam and others because of his own limitations of knowledge yet amazingly does not seem interested enough to learn.
He does not, it seems, realize that in China companies pay income tax directly for employees. It is impossible for an employee to pay income tax directly.
We should be happy -- we can always bet against people who are so sure of themselves who have such little knowledge.
Is China's Economy Heading For A Crash? [View article]
Sam: agreed. the correction is healthy. One concern point is how if at all the drought in the US will affect exports to China for corn and other crops... especially on food inflation now that overall CPI is around 2.2% which is a very manageable number.
Profiting From China's Growth With Sector And Macro Bets - An Interview With China Expert Shaun Rein, Part II [View article]
Yes, as I have written extensively, everyday individual retail investors should not be investing China if it is money they are not able to lose. A large part of my business is due diligence for hedge funds... the amount of fraud is unbelievable. Be very careful of investing in Chinese stocks.
No, China Will Absolutely Not Collapse [View article]
Tony Petrowski -- thanks for the insights and suggestions.
Alphameister -- thanks. Looking at what companies are doing is the best way to know what is strong, not just stats. There are reasons why Pepsi, Coke, YUM are investing billions into China -- they are seeing the returns.
Huangthomas -- always appreciate you commenting.
User 525079: it is very difficult for retail investors to get exposure comfortably in China. There is definite risk if you don't know what you are doing. I would recommend getting a small exposure but be real careful.
I wrote about this for BusinessWeek 4 years ago
Invest in China Not Chinese Companies
www.businessweek.com/g...
Graham and Dod - economic cycles will come and go I agree.
Andrew Butter -- thank you. I would not be surprised if the numbers in truth are higher as you say.
Why 8% May Not Be The Magic Number For China [View article]
Why 8% May Not Be The Magic Number For China [View article]
Why 8% May Not Be The Magic Number For China [View article]
Why 8% May Not Be The Magic Number For China [View article]
Why 8% May Not Be The Magic Number For China [View article]
Why 8% May Not Be The Magic Number For China [View article]
Mercedes Needs To Rethink Its China Market [View article]
Mercedes Needs To Rethink Its China Market [View article]
Mercedes Needs To Rethink Its China Market [View article]
Hyundai became the de facto taxi brand in BJ 10 years ago which hurt them as they wanted to be seen as a mid-premiumish. That obviously did not work and they sputtered. But now they are seen as cheap in China which is a good price point.
Mercedes Needs To Rethink Its China Market [View article]
3 Myths About Chinese Consumers [View article]
Stocks To Own And Stocks To Avoid To Profit From China's Growth - An Interview With China Expert Shaun Rein, Part 1 [View article]
He does not, it seems, realize that in China companies pay income tax directly for employees. It is impossible for an employee to pay income tax directly.
We should be happy -- we can always bet against people who are so sure of themselves who have such little knowledge.
Is China's Economy Heading For A Crash? [View article]
Profiting From China's Growth With Sector And Macro Bets - An Interview With China Expert Shaun Rein, Part II [View article]