11 Reasons Why It's Time to Invest in China and 5 Ways to Play It [View article]
When investing in China, bear in mind that the transparency will always be much less than even the numbers put out by Bear Stearns and AIG. Hence: a higher multiple is appropriate, and a higher dividend, and "earnings growth" or similar rubrics should be treated with extreme caution (unless you are managing a Chinese bank or factory yourself, in which case, you have enough information to make informed judgments).
11 Reasons Why It's Time to Invest in China and 5 Ways to Play It [View article]