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<p>[QUOTE=&quot;medoraman, post: 1087047, member: 26302&quot;]My prognistication, FWIW, is that inside China there are massive problems with state banks hiding debts, propping up failing industries, etc. We saw this clearly on smaller scales with other Asian economies in 1998. This is all hidden from view right now, but if anything severe ever happened economically it would quickly come to light. Rising tides raise all boats, (and hide all faults), so right now its not visible. </p><p><br /></p><p>I buy assets with exposure to China, but not exclusively. I would be very scared of owning any Chinese stocks, both because of my fears and their lack of investor protections. I am with Jim, China is not a bed of roses potentially.[/QUOTE]</p><p><br /></p>

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