China property bubble/Russia how bad will it crash?

China property bubble/Russia how bad will it crash?

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Discussion

amir_j

Original Poster:

3,579 posts

207 months

Monday 17th May 2010
quotequote all
A lot of pundits recently have been moving money out of China believing the both China along with Russia are bubble about to burst.

Any opinions?

jeff m

4,060 posts

264 months

Tuesday 18th May 2010
quotequote all
I took some profits in China and moved them to Europe smile So keep reading at your peril.
Actually not as bad as it soundsbiggrin
China has a problem with inflation, Gov is still restricting property speculation by imposing limits on lending.
Many of the larger Chinese companies raise cap by listing in HK.
HK is a much more open market.
Russia is borrowing less than it thought it would due to the price of oil. I will not be selling Russia.

I'm not changing anything at present, just sitting it out. May was was going to be crap even before the Greeks suddenly discovered they were in the toilet.

I have bought a few individual shares (biotecs) that have become cheap and profited a little by trading financials.