Einhorn goes Jim Chanos on China, saying the country views Western investors as marks. It's...

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winningtrader Comments (2268)
 
Investing in companies abroad is risky. Foreign investors are treated like beef cows in places from Argentina to Iceland. China is just as bad and probably worse than most. Of course, the Chinese market will be huge and cannot be ignored but the ideal things is to sell things there and get paid rather than invest in Chinese companies.
16 May 2012, 03:52 PM Reply Like

youngman442002 Comments (4982)
 
Marks.....its worse than that..they want you to invest...build the plant..bring the technology...then they will reverse engineer it and sell the same thing under a different name..Cheaper
16 May 2012, 03:59 PM Reply Like

hx88 Comments (113)
 
Didn't every capitalist want to do this?
16 May 2012, 07:19 PM Reply Like

Hitesh Patel Comments (312)
 
Little does china know they are the mark. They have been given the manufacturing but had to open thier banks to do it. And now they are screwed, they just don;t know it yet.
16 May 2012, 03:59 PM Reply Like

mimailmula Comments (44)
 
Been hearing the same thing from several friends that have been to China lately.

Counting hundreds of unoccupied buildings from the airport to downtown... and remember communists are always very concerned with marketing and showing off. What is then left to other less important roads!

China growing at over 10% for too many years, a correction is inminent.
16 May 2012, 04:29 PM Reply Like

untrusting investor Comments (9879)
 
Looking more and more like Chanos & Hendry were probably right in their short China bets.
16 May 2012, 05:19 PM Reply Like

randix Comments (14)
 
Broad generalizations is simply silly when it comes to investing. Works great at cocktail parties and presentations at conferences.
16 May 2012, 05:44 PM Reply Like