Quote:
Originally Posted by bolo121
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The aticle is written by some one who never worked or investment in China's stock market, just stand for himself, how can you believe?
Everyone has a own viewpoint , a famrous person named Jim Rogers said it is too early to assert that China's stock market is a bubble, why don't you believe this? he has invested a lot in China,he know this well.
I can certainly discuss this with you ,but have you ever been work or invested in China's stock market?
How do we discuss? Take examples ? China is not USA,not Japan,not EU,China has her specially market , whether there're bubbles or not ,we can just wait and see.
China is not fully free economy,the goverment control stock market deeply.Do you know what we need?Not a market smilar as USA's.We just need a tool which can help companies raise money and server for our economy. Stock market itself is a tool ,just a tool .Why should we use a same tool as the west countries?
30 years ago ,we discard Planned economy and start our market economy,the west "experts" were suprised ,it is quite different with their market economy,it will not success!
But why should we have a same one with the west countries? We called our system "Market economy with Chinese characteristics", we did a good job ,we successed.
Today we start our "Financial markets with Chinese characteristics",and we believe we will be successful .
Do you understand?
If you don't,no problems ,time will tell you.
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That's all ,thank u.

(edit for spelling wrong)