From: seekingalpha.com
May 13, 2008 21:23 Beijing Time
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Money Morning Investment Director Keith Fitz-Geraldhas been leading an investment trip through China, taking in thatcountry’s culture and scenery, as well as its investment opportunities.Here is Part V of a short series detailing his observations anddiscoveries.

Western investors have always had two major problems when it comes to China.

First, they just can’t seem to believe what they’re seeing - even after they’ve been there.

Second, even if they end up believing what they saw, they stillcan’t seem to make sense of it all. By that, I mean they can’t seem toput it into a usable perspective.

That lack of understanding has morphed into a full-blownmisunderstanding. That’s why, for some, China represents a colossaleconomic train wreck that’s just waiting to happen, while to others theRed Dragon represents nothing but hope, progress and profits.

The truth, of course, is somewhere in the middle of those twodivergent vi...

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