Shanghai Surprise: China's Stock Boom Deflating Ahead of Olympics

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China has a long way to go...

The Chinese Market is down 50%. This forecasts a slow down in China. Wake up! This will squash any interest rate hike fears in the US.

Isn't China's raise of gas prices bad for most of the Chinese companies in the short term as they are all heavy energy consumers? Except benefiting the 2 petro companies (SNP and PTR), doesn't it hurt the rest? So, why would FXI going up? How much do those 2 companies account for FXI? Doesn't FXI look like hanging by the cliff?

This story is weak sauce. China manipulates EVERYTHING to their advantage. I would encourage looking for the invisible hand as China has a lot to lose... a silly economic conference and Olympics is an opportunity which will be seized by China and bought (again, and again, and again) by US politicians.

But it is still up 200% from 3 years ago

In the long run, China will do well. There are ups and downs but over the long run, i believe it is uptrend. Good to start accumulating for next 10 years or more.

People will just go back to using more bicycles... even when gas was "cheap" lots of workers would use bikes...even like delivering refrigerators and washing machines...however, auto drivers would suffer...which isn't a bad thing considering the traffic.

It sure looks nice but it nevers mentioned mpg in the city or road.Definetely it will be considered in the near future

It is definitely a down cycle. Patience will be rewarded.

Bicycle, motorcycle, motorpad and electrical tricycle were banded in main cities of china, that along increased the use of cars and public transportations. Stupid people run the government, with such high inflation rate, I don't see their stock goes up in any time soon.

Housing market is next to drop in china.

I agree with k81k81...

Food prices are going up and this reduces what the average Chinese person can spend on other things. With food and fuel costs rising, it cuts down on money and demand for cheaper foreign products, like those produced in the U.S. Despite the loss of american jobs to China, there is plenty of American made products being sold there, so a down-turn in their economy will hurt us, as well. When I lived there in 2002, Chinese farmers were complaining that the government was buying US produced rice because the price was lower than could be produced locally. US.agricultural products are being heavily marketed to China and have quite a foot hold as long as Chinese people can afford them. When prices soar for everyday goods, it will affect our economy as well.

Will we see a gain in the China Ultra-Short (FXP) based on this? Sure hasn't gone that much higher on a day-to day basis.

China will boom going right into the olympics, and continue to build for the immediate decade after, just like Japan in the 60s.

why bother reading this guy . he spends more time triming his beard then research the time to buy is now

what say sina. " ovesold"