Anyone following this? I'm not qualified to opine, but it looks like trading is off to a pretty steep decline today.
Wiser folks than I have suggested that China is a bubbling. This article is a good one: http://www.independent.co.uk/...
Like I said, I know little of China, but a bit on corporate governance (of which there is not enough of in that market). Also, I enough of human nature to have a fear of the interconnected financial markets and arrogance that's masquerades as intelligence.
Would be interested to hear from others who may be following.