Recall what I said previously, that China is going to use its massive reserves to invest in itself?

http://www.oneonian.com/wordpress/2007/09/27/on-the-money-for-chinese-investment-fund/

 well here is an article that just confirmed my predication.

  http://biz.yahoo.com/ap/071108/china_investment_agency.html?.v=5

Of course, now if you could invest in the same companies before China does, demand is going to push the price higher. Like I said before, China is not willing to risk big as it venture into the equity investment arena. It is going to gamble small and invest in Blue-Chip companies and financial institutes. So what’s the biggest company in China? PTR, CHL