Jan 12, 2010

Shaun Rein on the non-bubble Chinese economy

Betting against China in 2010 is a bad mistake for investors and companies alike... The Chinese government also has no qualms about overseeing the market and has not been run by Ayn-Rand-loving free marketers like Alan Greenspan, who seemed to believe that no government intervention at all was best.... China is not in imminent threat of collapse, and investors and companies are wise to stay involved with it, as [Jim] Rogers argues.

~Shaun Rein, Harvard graduate and founder and managing director of China Market Research Group, "Jim Chanos Is Wrong: There Is No China Bubble," Forbes.com, January 11, 2010

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