A major concern about China's economic "stimulus" efforts (as stated by a Chinese entrepreneur last week, interviewed on CNBC), is the corruption within the Chinese government, that he says is even worse than that in the USA!!! IOW, the majority of the money gets shared among the top, leaving only a trickle for the well-stated, but underserved, economic objectives. ...Sounds like the USA's education system, where the top gets over 2/3 of the money and the front-line teachers and students get the leftover crumbs, federal, state, and local.
China Data Indicating an Upturn Ahead [View article]
A major concern about China's economic "stimulus" efforts (as stated by a Chinese entrepreneur last week, interviewed on CNBC), is the corruption within the Chinese government, that he says is even worse than that in the USA!!! IOW, the majority of the money gets shared among the top, leaving only a trickle for the well-stated, but underserved, economic objectives. ...Sounds like the USA's education system, where the top gets over 2/3 of the money and the front-line teachers and students get the leftover crumbs, federal, state, and local.
Very interesting article, Michael, but a bit over my lowly head. Imho, American Investment in China should be restricted to infrastructure and internet.
I have only one suggestion to make, my friend. In future writings, please consider that if one properly capitalizes proper nouns like, China, America, Asia, Morgan Stanley, and peoples names, one would be well advised to capitalize "god" - aka "God" - as well.
China Bulls Dream of Net Stimulus [View article]
CHOMPS,
^__^
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China Data Indicating an Upturn Ahead [View article]
CHOMP,
^__^
..
Has China Bottomed Out? [View article]
I have only one suggestion to make, my friend. In future writings, please consider that if one properly capitalizes proper nouns like, China, America, Asia, Morgan Stanley, and peoples names, one would be well advised to capitalize "god" - aka "God" - as well.
...Sorry to be such a stickler.
CHOMPSNCHEERS,
^__^
..