China Growth Stocks

[GorillaGorilla]

SOE's - Sorry, less efficiently run. With SOE's I was under the impression that they can get cheap bank loans to grow their business - they can also have monopolistic positions - difficult not to make a profit when a monopoly/duopoly even if you aren't efficient.

Though I think CNOOC is meant to be an efficient run operation.

Is that the impression others had?

rich