A comparison among BRIC countries will have China in the podium in many aspects. It is the largest country with the fastest economic growth. But what is the quality of this growth?
Many Brazilian companies have expanded to China. Vale, Gerdau, Embraer are among them. No question that being in China is an strategic move for these companies.
Recently, at an event in Shanghai James Rickards, a former adviser to the hedge fund Long-Term Capital Management (the one that broke in 1998) said that China is in the midst of “the greatest bubble in history.”
To explore this question, I recently posted a poll in Linked in. Is China in a bubble? Might it be in a bubble and we don’t really know? Does it lack transparency?
Anybody can vote at http://polls.linkedin.com/p/84634/jrkhn After you vote, you’ll be able to see results and analysis of how different types of professionals answered the question.