Saturday, July 10, 2010

Hold on to your Hats

I thought that I was the only one who could see this coming.

The Chinese boom is actually a Chinese bubble. Not only for the reasons listed in the article but because of the one child policy which will mean there are fewer workers to work in the coming years thus each worker will be worth more; but also the fact that 1/2 the smokers in the world live in China and what is going to happen when those 30 year-old  smokers become 50 year-old cancer stricken coughers?

This is actually a huge oportunity for Hong Kong if the government and people here are smart enough to see it.

Until Next Time
Fai Mao
The blogger who still lives in China

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