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A few years ago, nobody wanted to invest in China because of many things, like goverment control and the old buddy system. China is now moving toward capitalism on a daily basis.While they will never move as fast as some would like, It is now in their own best interest to move in the right direction. They are now part of the international community and to go any other direction could topple their goverment. The best part is they still look out for their own interests first. The're not trying to make friends, they just want to make money and stay in power. In order to do so, they move slowly, with their national interest in mind.. With 9%+ growth, selective China companies look like a bargain in the next few years. With the games coming in '08 and World Trade show coming 2 yrs later, China seems to be less risky than the U.S. with our over regulation and pontiental tax hikes!

These are my thoughts and I would like feedback from other investors. Who knows, I could be wrong!!!

Bill

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