chinesepetti

Zhongpin, Inc.: HOGS Can Fly

Price control will not kill the inflation; however for a country like China with 1.2 billion people it is extremely important to use price control as a temporary measure in order to stablise the situation so other policies (for example revalue the currency and give tax benefit for R&D investment for improving productivity) can follow. This is very like what The Fed Ben did with a drastic rate reduction and flooding the market with liquidity so the credit situation can be stablised.

If you guys read Ken Fisher; you will understand the most effective measure to overcome inflation is investing in advanced technology to lift productivity, it will take time and lots of capital. China might be lucky in that regard because the internet which makes techonology transfer much easier and cheaper around the world.

At last we I agree to talk about Petti if you guys back off talking down about China; I welcome any constructive criticism on China though! I love to help you guys to understan what is really going on in China so we could make some serious money out of this great historical opportunity.

Zhongpin, Inc.: HOGS Can Fly

I like to remind readers here; Mr Petti worked for Bear Stern and also he is working in a State Chinese Communist run school at the moment. Details please visit seekingalpha.com/autho...

China has many problems on its own; but it's very ironic the red communists do not mind Mr Petti (who is paid salary by the Chinese communist run school) being so critical of everything in China even the air he breathes every day.