Why did Anthony Bolton, one of the world's most successful fund managers had his fingers burned in China,with his ''China Fund''(not the real name).
Why did he miss out on the supposed success story that China perpetuates to the world daily?
In contrast, his ''Special situations fund'' which was run in the ''normal world'', grew to be one of the most successful in the world.
Then he tried China and the alleged growth story,mind you only by popular demand and returned from retirement, and to date it has returned nothing. Why?
Because what you make in China stays in China. A little known fact. You wish to take your funds home, 90% tax applies. Despite this the world's brainiacs and fervent supporters of globalisation would defend this puff of smoke economy vehemently and refute such claims.
So not to side track, as AJ and his boardroom laureates, clearly have no idea or vision about investing or organically growing a business, so its only logical to assume that they haven't done their homework either.
In the end it will still be the fault of the australians and not chinese(because they ''employ'' children which accept any terms and help the bottom line).
Care for some more snake juice and a slice of donkey d**k anyone?
Another story from a plethora of such similar cases:
How Not To Run a Business in China - BusinessWeek