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Survival Tips and Bubbles...
Filed in archive Entrepreneurship by Greg Cruey on October 16, 2007
Dan over at the China Law Blog looked at a list last week of the Top Ten China Business Survival Tips.

I loved the post. I'm like Dan: lists are hard to resist because they tend to reduce information to manageable forms...

Bubble, bubble, bubble, bubble...


The first item on the list struck me because we'd just talked about the concept here a couple of days ago: "China is not a bubble, it will not fade so easily." Amen (which is about what Dan said, too). I hear it all the time. That's a bubble, this is a bubble.
With a bubble, bubble here
And a bubble, bubble there,
Here a bubble, there a bubble
Everywhere a bubble, bubble...
I'm not saying there won't be ups and downs. Sure, the prices people put on Chinese stocks are over-valued. But I don't think we've figured out how to assess the potential China's economy has. And that's the rub.

I'll mention tip four here: "Frustration in China is unavoidable, keep going." Dan agreed. I agree.

Read the rest of the tips at the China Law Blog.

Permalink: Survival Tips and Bubbles...
Tags: China  Law  Blog  survival  tips 
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