Ooops! I wasn't aware of that previous post with the same article. I haven't plowed through them all, but still found valuable insight here and there, being new to this board.

Let me suggest a few other interesting stocks for consideration, all of which I own - (hope you haven't covered them yet):

PACT is a very promising company, check website

http://www.pacificnet.com/.

This is a diverse operation, profitable for last two quarters and getting into the exploding outsourcing business, being for example involved in the growing industry of call centers for American companies, where China is already outpacing India.

Another one, SDAY

http://www.sunday.com/Sunday/en/index.html?lang=en

is the biggest wireless operator with a popular portal in Hongkong with the only 3G license and backed by powerful financial conglomerates. It is spreading out into southern China having already opened an operations center there.

Then there is PCNTF

http://www.pacific.net.sg/

Asia's largest telco-independent Internet service provider (ISP) by geographic reach with a regional presence in 7 countries - Singapore, Hong Kong, the Philippines, Australia, India, Thailand and Malaysia. It has been profitable since the first quarter in 2002. I think it is ready for an upswing pretty soon.

But the investment strategy should - as always - be a long term one.

Just sit back and wait. Maybe re-adjust a little now and then, but there is nothing but Chinese expansion for as long as we can imagine.

China is already the growth engine of the world's economy (and the cash cow for the US budget deficit) and holds the world's second largest dollar reserves.

And all the discussion about revaluing the yuan is a many-headed beast, see this article in Businessweek:

http://www.businessweek.com/magazine/content/03_34/b3846053_mz014.htm

There will be a lot of talk, but little action on that front.

Greetings.