Tread lightly in China

First, it was speculators running up the the price of housing until The Everyday Joe could no longer afford a home and now the bubble is bursting. 

Then what? Then they move on to oil and oil futures, speculating until prices are so out of whack with supply that your feeling the pain at the pump now. I would love to see the speculators forced to take delivery of the contracts they buy with no intention of buying. If you actually took delivery of a thousand barrels of oil and put it in your backyard, you wouldn't think it was so valuable. You would probably be happy to disperse of it at twenty dollars a barrel. That's how you find its true worth.

What to do after pillaring the oil sector? Hey, let's run up speculative Chinese stocks.

Don't be a Foolish and invest in that quagmire, where the government can, has and will dissolve a fully functional Company just for the hey of it.

Not to mention these Companies are not even remotely close to having their earnings regulated as their American Counterparts. You think restating earnings is bad? Wait till you see restating that a Company even exists. 

Chances are, when you see a bandwagon, its already too late to jump on. And if you trust the Chinese Government over your own, Speculate away High Roller!