August 21st, 2009
01:17 PM GMT
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soundoff (4 Responses)
  1. arthur Kastanje

    China is no bubble because of the Chinese themselves. Kids go six day a week, 12 to 16 hours a day to school. The average Chinese works 12 to 16 hours a day. They are competitive, do their sports on the square at six or seven in the morning and overall they have been on a communist leash for so many years. They are hungry and now that they are allowed to become entrepeneurs and do business they will eat for five and drink for ten. This is their moment and they are prepared to do the hard work. Their wirdschaftswunder is happening on a moment there is internet, transport is faster and better than in the time that the US or the japanese had their growthperiod. All these things make China an unstoppable force and whatever the stockmarket does temporarely, the chinese are ready and are moving forward with the force and speed of Usain Bolt. China is no bubble and to see their rising star, you don't need the hubble.

    August 21, 2009 at 3:58 pm |
  2. Lisa Cash

    Looks as if you had the best seat, apartments and homes on your China segment. Very exclusive indeed. So far having China along has been a great experience.

    August 21, 2009 at 6:06 pm |
  3. David Tran

    One view is not enough. we all need to gather all of the views from different people in order to see the whole picture. it's true china is a giant industrial nation; they export enormous consumer goods. this is due to their population; they have great human resources. however, their literate rate is extremely low. In the city, people are able to read and write. but when you start to go deep in china. most of them can't read or write. that's one negative. second nagative is the state own companies. if we all read in the recent news, they have to extend the credit because these companies are behind their project and can't keep up with the cost, which means banks have been giving out bad loans, include real estates. companies and home buyers are unable to keep up with the economy. so what that means is the country is growing too fast; inflation is prominent. it requires government attention. Comparing Chinese and the U.S is unwise. The U.S invent more items than that of china. China is lacking of appropriate body that control inflow and outflow of capital. Therefore, bubble will soon burst. not now but in the near future it will.

    August 31, 2009 at 1:36 pm |
  4. The Real Bancroft

    Of course it's a bubble! do markets ever find equilibrium? no.

    September 4, 2009 at 11:06 am |

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Quest Means Business airs Monday to Friday, 1600 New York and 2100 London, and is hosted by Richard Quest.



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