Outside the Box

The Enduring Allure of China

John Mauldin

October 26, 2006

Today we cast our eyes on China, and specifically the mass migration of theoretically smart western capital into Chinese banks. This is another of a new series of special editions of "Outside the Box" that will feature the work of my good friends at Stratfor and released every other Thursday.

You can subscribe to Stratfor's Daily services at a 50% discount. I have arranged for those subscribing today to get their new 25 page quarterly predictions and analysis report, where they analyze each region of the world, highlighting specific countries where there are potential problems. It is a must read for me. I think you will find it quite useful.

https://www.stratfor.com/offers/060906-50OFF/?ref=061026-50OFF-a

John Mauldin, Editor
Outside the Box

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The Enduring Allure of China

By Peter Zeihan

The Industrial and Commercial Bank of China (ICBC) is expected to raise nearly $22 billion in an initial public offering (IPO) -- the largest in history -- after shares are made available to retail investors Oct. 27. The ICBC offering is the latest in a series of IPOs involving Chinese banks, into which Western investment firms have poured billions since 2005.

What is surprising about the…

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