James Lewis

China's Stock Market: The A vs. H Premium

The Premium will drop as it becomes easier for banks to arbitrage.
As China opens up the rmb, the spread will narrow. Please also note that H-Shares are priced in HKD and A Shares in RMB, so there is significant fx issues with looking at the spread.

Because the US markets are strong, due to ample liquidity; you will find a lot of emerging market funds based in USA buying chinese stocks in Hong Kong. So the premium will also be reduced.

Liquidity and lack of arbitrage opportunity drives the premium not investor behavious/pe etc.

China's Energy Strategy: Panda or Dragon?

China is not a Dragon or a Panda.
It is 100% a Tiger in every possible respect.

In terms of energy security, China will go to any length even partnering up with their main competitor the USA.

China had a special secret deal with USA to back their activites going into Iraq in return for oil. In return they proved very useful especially in using its influence with Pakistan.