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Author: IndecisiveFool Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75384  
Subject: Re: 11% div yields & P/Es of 6 Date: 1/26/2005 10:24 AM
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Any thoughts?

China could be the reason why the Asian stocks look cheap. There was an article in my local newspaper on China's rapid growth.

China grows at breakneck pace
Some fear boom is unsustainable
http://www.newsobserver.com/business/story/2057090p-8441131c.html

China grew at its fastest pace in 8 years at 9.5%. The Asian stocks may look cheap because of the rapid growth of the Chinese economy. The economy may be growing faster than the stock appreciation. The stocks may also be lower due to fear that inflation could cause problem with the Chinese economy. Fear and uncertainty could be putting pressure on the upward movement of the Asian stock market.

IF


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