Many companies and shareholders dealing in Chinese markets get mesmerised by the potential size of Asian business, but forget it is very high risk including the potential for implied requests for favours and backhanders which can get executives a 10 year jail term and after a few other well-known stings most have not yet put two and two together that any company selling in china does not deserve a high PE ratio, because if you don't pay you won't be able to keep your profits..
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