According to Robert Hsu’s latest email report, China’s sovereign wealth fund has decided to cut its investments to the US.
He says that “the $200 billion China had earmarked for overseas investments will now be plowed back into China Banks… the nation also plans to spend another $586 billion on new highways and railroads.”
But can you trust someone who can’t get the spelling difference between “their” and “they’re” right? Hsu makes a lot of spelling mistakes for a professional of any kind. I don’t think such things are fluff or frill. Spelling is constitutional of language use and reflects upon someone even after they’ve left university. If anything, it means he wrote his letter in haste and wasn’t concerned to look it over and didn’t put Quality into it. Even worse, maybe he gets someone overseas to write it for him and thus he and his own expertise has very little to do with it at all!
Do you receive Roberst Hsu’s letters?
Can you confirm that China’s sovereign wealth fund(s) have stopped future US investment?
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{ 3 comments… read them below or add one }
Before today I didn’t even know who Robert Hsu is, but that’s probably my bad :))
I wrote you an email – hope you will find time to answer!
Robert Hsu is an expert on investing in China… he just published a great book about it this past May 2008. Investment advisor based in LA, too.