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 !!

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?