Bloomberg.com: Exclusive

Article on china exporters and labor issues.

One quote in particular that impressed me:

"Some 95 percent of exporters with assets of less than 40 million yuan ($29 million) may fail in the next three years, Guan estimates. China’s 42 million businesses of that size provide three-quarters of China’s urban jobs and 60 percent of GDP, according to the government. "

This guy is basically predicting china will lose over half of it's GDP. They're really poised for a depression scenario over there.

I hope that doesn't happen to China or any other country. Well, Iran would be ok to me.

Are you saying now is the perfect time to buy something like FXP?
Current PPS: $38.50

52 week low: $34.63 (set yesterday, 12/8/2008)
52 week high: $183.89 (set on 10/27/2008!!!)

ProShares UltraShort FTSE/Xinhua China 25 (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the FTSE/Xinhua China 25 Index (the Index). The Index consists of 25 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.
FXP - ProShares UltraSh FTSE/Xinhua China 25 - Google Finance