Mark Mobius Says China's One-Man Rule Is Global Haven

[onebyone]

Bloomberg Video•October 30, 2017
Oct.30 -- Mark Mobius, executive chairman at Templeton Emerging Markets Group, talks about China as a potential haven for investors and offers his view of emerging markets. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Daybreak: Americas."
https://finance.yahoo.com/video/mark-mobius-says-chinas-one-143519568.html

 

[Indika]

That moment when a capitalist praises a communist, you know where the world is heading.

 

[Han Patriot]

That moment when a capitalist praises a communist, you know where the world is heading.

The west had been praising their democratic Hindu pet, it's still heading no where tho'.

 

[Indika]

The west had been praising their democratic Hindu pet, it's still heading no where tho'.

problem with capitalists is that they dont care where or how the money comes from. All that they need is money. They will sell sand in desert and cockroach as candy to children who lives or dies is not their concern.

 

[Han Patriot]

problem with capitalists is that they dont care where or how the money comes from. All that they need is money. They will sell sand in desert and cockroach as candy to children who lives or dies is not their concern.

Exactly, that's why China is a socialist country. Had been too capitalistic for the past 30 years due to Deng's policy but now Mr. Xi is changing the policy to inclusive development, environment, social protection and equality are his main targets.

 

[TaiShang]

problem with capitalists is that they dont care where or how the money comes from. All that they need is money. They will sell sand in desert and cockroach as candy to children who lives or dies is not their concern.

Good point. One needs to be guarded against their praise as much as, if not more, against their criticism. Luckily, in the Western media, China bashing is more often than Panda-hugging.

So, I think we are still on the safe side.