Quote:
Originally Posted by slapass
Look into BIDU. the only china stock you need.
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I would never buy a single stock in any emerging market and always opt for a basket like an ETF or index. I was just looking at this article on PetroChina where the gov't has started to lean heavily on the company to subsidize gasoline prices for drivers to counter inflation... that will hurt profits big time going forward... so that kind of stuff you just can't account for using fundamental or technical analysis scares me in emerging markets:
http://www.businessweek.com/magazine...ge_ companies