Why Baidu's Stock Is Struggling Despite Its Cheap Valuation [View article]
Wikipedia is saying Robin Li's Bachelor of Science is in information mangement from Peking University. His Master of Science degree from New York State in Bufalo is in computer science. http://bit.ly/10Bt0eD He has been successful very quickly, apparently without any political connections. Baidu may be under pressure from government authorities, but the fact is they have thousands of talented engineers and are rapidly enterring into dozens of internet businesses.
Heightened Risks Could See Baidu At $70 [View article]
Is the SEC focusing on China-based companies exclusively? What about the audits done on the chinese susidiaries of American and other forein companies? Is the SEC asking for audit documentation on these subsidiaries also?
Or is there some reason why chinese companies specifically are not trusted? Does the SEC have a logical thought process for its decision or can the SEC make any arbitrary decision without any worry about oversight?
Is The SEC Action Against Auditors Of Chinese Companies One Of Gunboat Diplomacy? [View article]
Some possible consequences of deterioration of relations with China: 1. Shutdown of gambling in Macao including Las Vegas Sands and Wynn reducing cash coming from China to US companies. This is an easy target for the sake of cultural purity. 2. Increased competition against and stopped expansion of KFC, Taco Bell, and other American companies selling into China, again limiting funds returning to the US. 3. China pushes harder to have the dollar replaced as the World's reserve currency, which if it were to occur, would result in a severe and long-lasting downturn in the US economy. 4. Missed opportunity to coordinate policies with China that improve the chances for peace in the world, including the de-arming of Iran.
Our actions have consequences. It only makes sense to make responsible decisions and be prepared for what's coming if we decide to be belligerent.
Why Baidu's Stock Is Struggling Despite Its Cheap Valuation [View article]
http://bit.ly/10Bt0eD
He has been successful very quickly, apparently without any political connections. Baidu may be under pressure from government authorities, but the fact is they have thousands of talented engineers and are rapidly enterring into dozens of internet businesses.
Chen Lin: How My Portfolio Gained 63% In 2012 [View article]
Heightened Risks Could See Baidu At $70 [View article]
Or is there some reason why chinese companies specifically are not trusted? Does the SEC have a logical thought process for its decision or can the SEC make any arbitrary decision without any worry about oversight?
Heightened Risks Could See Baidu At $70 [View article]
Is The SEC Action Against Auditors Of Chinese Companies One Of Gunboat Diplomacy? [View article]
1. Shutdown of gambling in Macao including Las Vegas Sands and Wynn reducing cash coming from China to US companies. This is an easy target for the sake of cultural purity.
2. Increased competition against and stopped expansion of KFC, Taco Bell, and other American companies selling into China, again limiting funds returning to the US.
3. China pushes harder to have the dollar replaced as the World's reserve currency, which if it were to occur, would result in a severe and long-lasting downturn in the US economy.
4. Missed opportunity to coordinate policies with China that improve the chances for peace in the world, including the de-arming of Iran.
Our actions have consequences. It only makes sense to make responsible decisions and be prepared for what's coming if we decide to be belligerent.