I get a strong suspicion that too many people are too overweight in Chinese stocks now. The reason for this is that after posting the China Tax and China Labour Law changes on a number of sites, there has been absolutely no response at all on most. High profile names ignore the posts, nobody commenting at all, either pro or against.

It therefore suggests to me that lots of people are presently very overweight in China stocks, they have got caught with the market weakness, and are now holding at a loss - waiting to sell any rise.

If, and its only an "if", the market weakness continues, and more and more of these people are trapped into China plays - you can foresee, imv, a lot of weakness coming into that sector, as more and more give up and bail out.

Quite remarkable that so many got duped into buying "China" as a safety against US/EU credit fears and recessions - only to now find its not as safe as they thought, and China stocks are also falling.

My own suspicions were that the China stock dream would go into breakdown and start its fall once the 2008 Summer Olympics had passed and the government can afford the luxury of upsetting lots more people and not caring about "face" during the Olympics that the world will be watching.

Is there another boom left in them before the Olympics comes and goes ? Will the boom not happen as its sold into ? Will they all meakly fade now and continue to do so ? Will they just keep on booming and not fall back again ?

Please discuss !!

An interesting read :

http://www.theaustralian.news.com.au/business/story/0,28124,24922215-18544,00.html

Piggyback ride over as China's growth engine stalls - Rowan Callick

January 17, 2009 Article from: The Australian

AUSTRALIA can't count on China to drag us out of our economic woes this year, for it is now becoming clear that China is in double trouble itself.

It is not just the global downturn, which is slashing export orders. There is also a home-grown hole, caused by the failure of its leaders to act on their rhetoric and broaden the economic base during the decade-long double-digit boom that...........

http://www.economist.com/world/international/displaystory.cfm?story_id=12948617

China's trade

Surplus to requirements
Jan 15th 2009 | HONG KONG
From The Economist print edition

Why is Chinas trade surplus growing when its exports have collapsed?


THIS week revised figures revealed that China overtook Germany in 2007 to become the worlds third-biggest economy. At the start of last year China also looked set to become the worlds biggest exporter, but a slump in exports in the final months of the year meant they remained smaller than Germanys. Chinas exports tumbled by 13% (in dollar terms) in the fourth quarter, leaving them 3% lower in December than a year

http://www.mg.co.za/article/2009-01-24-china-warns-of-economic-distress-and-longterm-ills

China warns of economic distress and long-term ills

BEIJING, CHINA Jan 24 2009 08:05

China must do more to ease public distress as it battles a slowing economy and rising unemployment, a leadership meeting said, warning officials the global slowdown was colliding with the nation's reckless mode of growth.

The warning came from a meeting on Friday of the ruling Communist Party's Politburo, a 25-member elite council, the official People's Daily reported on Saturday.

The report from the meeting cha............................

http://www.irishtimes.com/newspaper/finance/2009/0206/1233796244298.html

Friday, February 6, 2009

China may be centre of next Great Depression

SERIOUS MONEY : As globalisation falters, the possibility of a 1930s-style meltdown cannot be dismissed

GLOBAL DECOUPLING emerged as a dominant investment theme 12 months ago among esteemed professionals as the developing world proved largely immune to the growing subprime virus in the US, enabling global growth to exceed 5 per cent in 2007, comfortably above the long-term average of 3.7 per cent.

The notion that the emerging economies of the Far East could withstand an economic recession in the western world was built primarily on the dubious logic that....................................

http://news.bbc.co.uk/2/hi/business/davos/7882816.stm

Wednesday, 11 February 2009

China's exports see sharp decline

China's exports are falling as world demand slows China's exports fell more than expected in January, down 17.5% from a year earlier, marking the biggest drop in ............

Worth a read :

http://www.nakedcapitalism.com/2009/02/china-showing-signs-of-recovery.html


.

Couple of interesting reads :

http://www.chicagotribune.com/business/sns-ap-as-china-economic-jitters,0,3832634.story

Chinese officials grow quiet amid economic woes in once-booming southern region

By WILLIAM FOREMAN | Associated Press Writer
7:19 AM CST, February 27, 2009


...........The professor also wondered whether economic planners were being practical considering the ongoing financial turbulence overseas.

"Are they being realistic when looking at what's happening in the world?" Li said. "Are they using this plan as an instrument to overshadow the problems in Guangdong?"


++++++++++++++++++++++++++++++++++++++++++++++++++++


http://wsws.org/articles/2009/feb2009/chin-f27.shtml

China’s stimulus package threatens more economic turmoil
By John Chan
27 February 2009


...........Far from representing a new brand of "command capitalism," the Chinese regime, like capitalist governments everywhere, is powerless before the global economic meltdown. Its stimulus package to prop up the Chinese economy is fuelling new financial turmoil, economic difficulties and political tension, while offering little relief for working people. All this is creating the conditions for an eruption of political and social unrest.

although as i also read Q4 2008 still showed growth of 6.8%

cynic, yes, but the cynic out there says that those figures are from the "Commy Dept of Fudged Statistics that always show Communism is the best".......and the Chinese Dept of Fudged Statistics is well known for being totally manipulated.

Put it this way, if millions upon millions have lost their jobs, and unemployment is zooming upwards how the hell can you have 6.8% growth ????????

6.8% growth = no increase in unemployment at all, even taking in new graduates.

So someone must be telling rather large porkies........so the cynic in anyone should say........

http://english.china.com/zh_cn/business/economy/11021617/20090305/15357071.html

Chinese premier says economic slowdown becoming major problem in China

2009-03-05 11:22:47

NPC, CPPCC Annual Sessions 2009

BEIJING, March 5 (xinhua) -- Chinese Premier Wen Jiabao admitted Thursday that the country is facing unprecedented difficulties and challenges, with continuous drop in economic growth rate due to the impact of the global financial crisis becoming a major problem.

When delivering a government report to the an.............

http://www.iht.com/articles/ap/2009/03/11/business/AS-China-Economy.php


China's export decline accelerates in February

The Associated PressPublished: March 11, 2009

BEIJING: The decline in China's exports accelerated in February as a slump in global demand worsened, adding to pressure on Beijing to pump up the world's third-largest economy with its massive stimulus plan and avert more job losses.

Exports plunged 25.7 percent from a year earlier in February, compared with January's 17.5 percent fall, the Chinese customs agency said Wednesday. Imports fell by 24.1 percent — smaller than January's stunning 43 percent plunge but still a blow to China's trading........................

Papal pratt and alter egos -your threads all blanks to me

China doing well now -can I have my money back?