I apologize.. reading through your posts and analysis I assumed you were a beginner. I'm also sorry to hear that you've been doing this for a long time yet are so clueless.. is it too late for you to try law school??
The reason why you would bet against anything is if it's overpriced.. just having a large population doesn't qualify a country as immune from a correction.
GM had great numbers today... but inside the numbers they acknowledged a tough environment in China and a decrease in sales there. Fortunately for them their sales came from highly profitable units.. hence increased margins and excellent profit numbers. But again, as consistent with this earnings season, a bleek near term outlook for China continues. There's a few good investments to make in China stocks... but not as many as there used to be.
This is my last post responding to you... I don't like wasting time with people who are ignorant and far beneath my intellectual level.
Here's another lesson you will need to learn as you gain more trading experience - NEVER listen to the optimistic comments from a CEO!!! They are paid many millions to be salesman for their company. I couldn't care less if Cook is "proud" of the results... that means nothing from a valuation stand point. And of course they're going "pedal to the metal" because there's 1.5 billion people there. These comments mean nothing. The fact is... to this point... this earnings season is painting an ugly picture for China.. we'll see what GM says tomorrow morning.
Actually, the sell off in AAPL is largely due to the disappointing sales numbers in China.
It sounds to me like you need to hire an experienced trading mentor. I realize you are taking a beating on this QIHU trade... but you cannot let your emotions get the best of you. Never argue with the market - you will never make money by pounding your fist on the desk. You may need to learn this lesson the hard way, but sooner or later you will have to figure this out. A successful trader has both discipline and humility, and if you decide to pursue trading as a career, these characteristics are essential.
Hang in there... don't get discouraged... and take this as a learning experience. Best of luck trading!!