Thats for quite a long story involving a bit of economy but the main point is this: Beucase its the fastest moving stuff around. Volatility is what counts, you can work with it. If the market is dead like this -------------- you cant do a sh*t. Anyway, second point is that it doesnt matter what YOU think. What the market think, that matters.
Andrew if you really belive the real growth of the chinese economy is nearly zero why are you investing in china?