from ferret, page-19

Everything is imho, my friend. I do not profess to be an expert. There's so much to learn about financial markets everday. But that doesn't preclude me from stating an opinion

I also believe the growth story in China for the long-term, and it is in every ounce of my interest that China outlasts its competitors.

I am also long MMX for the record, and have held for quite a while so really, don't get me wrong. I'm just questioning what the medium-term picture might look like.

China's longer-term economic prowess should definitely not be equated with its stockmarket, without doubt. But then again, when we mention equitymarkets surely we are also alluding to the high amounts of debt (and so we're also talking about debt markets). We're also talking about markets beyond the stockmarket, to property markets and even business confidence in the medium term.