vitaminc

International ETF Update: Single Country ETFs, Latin America, Poland, and China-Taiwan Relations

FXI doesn't fully represent China but only the H share and Red Chip companies.

Beware of Crumbling BRICs

"China also has an undervalued currency. If policymakers allowed the currency to float more freely, it would almost certainly erase a large chunk of that country's imported commodity price inflation."

Higher RMB => more expensive goods made in China => higher inflation in US

Blue collar jobs complained most about China's RMB but now they are getting burned because of a richer RMB.

Chinese Lessons

Why are you panicking?

China Mobile, after the restructuring, will still have around 70% of the current subscriber share with their network/towers in-tact.

On the other hand China Netcom/Telecom will be forced (happily) to dash out billions to build-out/augment their own complete wireless network before they can gain traction with subscribers.