Wednesday, April 13, 2005

James J. Cramer on Investing in China

From Inc.com: The China Hedge
By James J. Cramer
James J. Cramer is a markets commentator for CNBC and TheStreet.com.

"One day, perhaps, the Chinese will recognize that market size doesn't trump transparency and -- let's call a spade a spade -- honesty when it comes to returning some of the fruits of their labor force to shareholders. Right now, though, the risks that you will be beaten once by the Chinese at your job, and then again by Chinese accounting chicanery, make owning anything other than an ETF too dangerous for all but true financial thrill seekers."

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Companies mentioned: 51Job Inc., Shanda

1 Comments:

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