Is China the Next Enron?

Discussion in 'China' started by Ray, Feb 14, 2011.

  1. Ray

    Ray The Chairman Defence Professionals Moderator

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    A good commentary about the state of China!

    Next Enron?
     
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  3. cw2005

    cw2005 Regular Member

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    As I always say, China's main problem is inflation and too much money. Currently, China demonstrates its determination to control run away growth and impose tight measures to keep inflation down. China lies about its inflation. With huge amount of money circulating within China looking for investment opportunity, inflation is difficult to control. Chinese goverment must find a way to redirect this "Internal" hot money as a long term policy rather than just increase the interest rate.
     
  4. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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    China and becoming Enron. No chance.

    Their real estate is not particularly good. But China isn't just about real estate like Dubai. Nothing bad will happen so no worries.
     
  5. neo29

    neo29 Senior Member Senior Member

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    Yes .. chances are there. They dont have sustained growth. Besides their economy depends on export oriented growth. Any changes in that and the results are huge.
     

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