China's Bull Market: Massive Underlying Risk Still Exists [View article]
Keep in mind while some Chinese companies may be "too big to fail", it doesn't meant that shareholders can't get wiped out. Thing of Citi or AIG in the US.
I also wouldn't go beating the government knows best drum too much Dian Chu, though thanks for the comment. Free market forces are what brought China up, once they were allowed to increasingly flow through the country. If anything China is a lesson in how important freeing an economy from government meddling can be. China still has tons of meddling, but luckily an industrious population is build the country from the ground up. I recommend you read China Dream by Joe Studwell for great detailed descriptions of how your ordinary chinese built todays stellar growth once they were freed to do so, while government merely took the credit for "directing them to do so". The average chinese man with the freedom to make economic decisions is what is making China powerful while the government is taking the credit.
China's Bull Market: Massive Underlying Risk Still Exists [View article]
I also wouldn't go beating the government knows best drum too much Dian Chu, though thanks for the comment. Free market forces are what brought China up, once they were allowed to increasingly flow through the country. If anything China is a lesson in how important freeing an economy from government meddling can be. China still has tons of meddling, but luckily an industrious population is build the country from the ground up. I recommend you read China Dream by Joe Studwell for great detailed descriptions of how your ordinary chinese built todays stellar growth once they were freed to do so, while government merely took the credit for "directing them to do so". The average chinese man with the freedom to make economic decisions is what is making China powerful while the government is taking the credit.