On the topic of the PPI, commoditiy producers getting hammered today in asian markets based on future outlook. As far as the CPI, new CPI numbers today in China show continued deceleration in inflation. See link below on CPI topic...
The fact of the matter is that concerns are easing that producer-price inflation, which in July accelerated to the fastest pace in 12 years, will stoke a rebound in consumer-price inflation. Therefore, all the chinese stocks, such as NED, that took a beating yesterday because of the PPI numbers that came out in china should see a rebound today, unless, your a commidity producer of course.
You want to buy low sell high. Plus, chinese CPI has been decling over last few months from high of 8.7 in Feb. to 7.1. Nontheless,PPI has gone up. Still, with tumbling commodity prices, this in turn should increased the likelihood of producer-price inflation slowing in coming months. Keep in mind, the possibilty of a post olympic stock run up in the host olympic country. Historically, this happens to olympic hosting countries.
Did you not see the olympics, and the opening of the olympics? China will never, EVER cut back on education. EVER. NED is in the right sector, and it make take years to show it's the right stock, but $1 buck over cash value you have got to take a position.
I honestly think EDU will just buy out NED eventually anyway, but I rather wait 18-24 months to see what NED can do with the education centers/dld angle.