Comments on: Despite Near-Term Nervousness, Investors Can't Afford to Ignore China

By: Six Ways to Profit From Guru Jim Rogers' Prediction That Sugar is Sweeter Than Gold

Fri, 15 Jan 2010 21:25:32 +0000

[...] again it’s the long-term potential that’s key, Money Morning’s Fitz-Gerald said in a recent question-and-answer session with Executive Editor William Patalon III. “One research paper predicts that China’s middle class could reach 600 million by [...]

By: Bill Goode

Bill Goode — Fri, 28 Aug 2009 23:50:45 +0000

I have, still can and will continue to ignore investment in China. China is run by a criminal government and I refuse to invest my money in an economy run by such a government. There are plenty of other places to invest that are doing really well. The Chinese government suppresses the Tibetan people, Uighurs and even its own citizenry in the manner of free speech, freedom of religion and travel. It totally ignores the United Nations Declaration of Human Rights. One can put money into Brazil, Australia, Canada or any number of other economies that do not suppress their people to the degree that the Chinese government does.

By: joanne r.

joanne r. — Sun, 23 Aug 2009 19:30:33 +0000

there hae been more negative than positive comments so i am not quite sure what the reader is talking about. However i have listened to another investment group (quite conservative )that agrees with keith. Also I AM sick about the situation and how we have given up all our power by manufaCTURING CHEAP ALLOWING THE CHINESE TO KEEP THEIR CURRENCY ARTIFICIALLY CHEAP,AND NOT HAVING SENSE TO DEVeLOP OUR OWN POWER INSTEAD OF RUNNING UP OUR NEGATIVE BALANCE OF TRADE AND DEFICIT!!!!!!!!!!! YOU WOULD THINK WE WERE TRYING TO DO THE WRONG THING.bUT COMPLACENCY IS THE CULPRIT WE HAVE HAD SO MUCH THAT we do not realize we CAN have less. I am going to get a start in the chinese middle class. I am going to try to convince our leaders to position us to be the onesw selling it. Maybe when our money is ruined we will be able to sell ours cheap and they will have a deficit!!!

By: Dave Hooker

Dave Hooker — Fri, 21 Aug 2009 02:38:45 +0000

Keith is essentially correct. I have spent a lot of time in China as well, and have always been absolutely amazed at what I saw. They are far more “Capitalist” these days than are we. They remind me of the USA of the past. The USA is (and has been) going the way of Britain and Japan, and most Americans, as usual, don’t “get it.” Our best days are long behind us…

That being said, it is disingenuous to cite and use the Shanghai index in articles to American investors, since we are legally unable to invest directly in the “A” shares. Unfortunate, since they significantly outperform the “H” shares (Hong Kong) that we Americans can invest in. “A” shares, at least the last time I checked, are only open to Chinese citizens.

The ADRS that I invest in, such as CHL and LFC are ok at best (CHL has been sitting there like a bump on a log this year), but their Shanghai counterparts are FAR superior in performance than the American-sold ADRs available to us here. The ADRS available to us perform like CRAP compared to Shanghai.

Shame we can’t get in on the action.

Best bet for most of us is to stick with the FXI. Best for the long term, and forget everything else.

Dave in AZ

By: Sophia T.

Sophia T. — Thu, 20 Aug 2009 21:59:17 +0000

Electricity consumption is NOT a measurement of economical output. Japan’s electricity consumption and other energy consumption is less than CHINA’S, yet Japan’s output is higher than China’s. As an economy is changing from primarily manufacturing to more and more services and consumption, power consumption can go down while total output goes up. This is happening in China. While manufacturing was contracting in the past three months, retail sales and other services were going up by 14% or more. Anybody who has trouble believing data coming from China must go to China to see for himself. In the 1950’s,60’s, and 70’s, China often inflated its output so as not to make China looked as bad as it was. In the past few years, Chinese authorities and data collection facilities sometimes UNDER report figures in fear of errors in collection. This happens in the U.S. also with new data being reported some 2 months after the original event has happened. The original growth reported for 2007 was 11.9% only 8 months later the figures was corrected to 12.9% after months of checking and rechecking. Remember, China is still a developing country, a 8% growth in China mean income per capita will go from $ 3000 to $ 3240. Compared to $ 40000 or more in the West, China is poor. China looks impressive only because there are 1.3 billion Chinese.

What does our China guru Keith Fitz-Gerald say on this seeming discrepancy on the usage of electricity and growth in China?

By: Jon Barnett

Jon Barnett — Thu, 20 Aug 2009 15:36:00 +0000

ah the irony…Mr. Golden …why would Mr. Fitzgerald watch videos when he is THERE four times a year and sees this stuff with his own eyes….? And for growth stats…of course they’re manipulated. Which country’s aren’t? I suspect you’re just po’d because you can’t come to terms with the fact that America is losing the very game it started…

By: Is It a Bear Market or Just a Breather For China's Smoldering Shanghai Index?

Is It a Bear Market or Just a Breather For China's Smoldering Shanghai Index? — Thu, 20 Aug 2009 15:00:10 +0000

[...] – this one a question-and-answer session with Money Morning Investment Director Keith Fitz-Gerald – please click here. The story appears elsewhere in today’s (Thursday’s) issue of Money [...]

By: Jason Simpkins

Jason Simpkins — Thu, 20 Aug 2009 14:39:49 +0000

To Our Readers:

We do not pre-screen our comments section to filter our negative comments. We are open to all forms of constructive criticism and we have certainly received our fair share. However, any slanderous or malicious comments that might expose Money Morning to legal ramifications will not be tolerated. Nor will any outright abuse or inappropriate language.

The comments section was created as a forum for discussion among readers, as well as the Money Morning staff. We appreciate everyone who has taken the time to give feedback, be it positive or negative.

Thanks for Reading!
Jason S.
Managing Editor

By: P. Denaco

P. Denaco — Thu, 20 Aug 2009 13:45:56 +0000

Do I detect that this response segment has been pre-se to accept only positive feedback? If so, that is a matter requiring disclosure to your readers!

By: P. Denaco

P. Denaco — Thu, 20 Aug 2009 13:43:05 +0000

Disappointing as to lack of specific recommendations