Jonathan Swift

Overview of the Chinese Internet Market

My naive view is that any investment in China is more than average risky because the totalitarian government can make any equity worthless because it doesn't suit their objectives. In this case, although I think there is great value, I will not invest in it because of the FALSE free market environment they try to project but interfere whenever they think it's OK. It might turn out to have been a good short term investment, but I don't think this kind of government manipulation is good for anyone in the intermediate/long run and that's my objective.










JK