rdr4

Comparing Valuations in China and the U.S.

I am 100% in China and have been out of Wally Street since the 70's. Believe what you must, but there's no recession at my house.
The US spends billions yearly to make China look bad. We do not have democracy here, either. ( Read Jefferson or Franklin to get a glimpse of democracy.)
I would like to get some of the $15,000 a month the CIA pays the Dalai Lama, and undisclosed amounts paid to Human Rights Watch, Reporters without Borders (sans verite') to be China irritants.
If you believe the media about China, you're clueless.

China and the Business Cycle

Why do people who know so little about China continue to make predictions? The media can't even get their stories straight.
In one day I see that China is importing less fuel and producing more fuel, later that same day, I see the opposite reported and both sides used to support speculation.
AP in particular seems more interested in the "think tank spin" than actual research. (for instance: the Chinese resist dialogue with the Dali Lama because of his cooperation with the CIA in passing of espionage documents out of Russia through Tibet. How many times did you see that reported in US media? In perspective, the US conquest of Hawaii was an act with far less justification than the deposing of the Lama.
Actually, It is no surprise that the Chinese resist US guidance, they're already beating us at our own game and look at the unstable economic platform our wisdom has produced here.
Pardon my rant, good will toward all.