InvestorsHub Logo
icon url

RyanW439

11/10/09 8:21 PM

#10538 RE: Derek ops #10535

I heard them talking about that.. I guess that's why the GDP is growing by 9% and car sales for the quarter were up 70+%.. I think it's absurd to think they're going 'bust'..they have the largest surplus of any country in the world. The only country going bust is US with our ever-growing debt.
icon url

atco1982

11/10/09 8:27 PM

#10540 RE: Derek ops #10535

China going bust ? -

Maybe the Shanghi index stocks are taking money and doing bad projects, and we know the new internal China small cap exchange already has PEs of 100, but I can't see any weakness in the US registered China BB stocks. Of course if the whole of China goes belly up then our stuff will also collapse just like they did in March 2009. But if China weakens I think our stocks will be the last to go. I'm sure we will be watching.