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Wednesday, February 09, 2005

Foriegn Direct Investment

Many companies around the world are desperate to get into China either because they offer cheap labor costs, a seemingly huge local consumer market, or increasingly more sophisticate R&D and other scientific benefits.

Public Markets

Increasingly, companies are able to enter the public market through IPOs. Given the enthusiasm for the general growth potential in China, these creates a ripe environment for specific companies to be valued far beyond their worth, particularly given the uncertainties and risks ahead

Macroeconomics

The Macroeconomics of China is startling. Most economists focus on the problem of overheating and hope that the Government can "orchestrate" a soft landing.