For a decade, Chinese officials have been talking about ...
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China's Unfortunately Named New GEM
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It is a noble Idea that china has planned to lunch Nasdaq style Stock exchange catering to small and mid-sized companies.It is known as GEM or in full abbreviation Growth Enterprise Market.It is not a new concept.Hong Kong has already a ten-year-old GEM but couldn't list on the main board due to poor infrastructure in English translation.
Sometimes non china speaking investors get frustrated in Hong Kong and mainland China due to poorly translated signs in airports, train stations and other public places.The china Government has spent huge money for building impressive infrastructure, but nobody thought to spend a small amount to get a native English speaker to make sure the translated signs make sense.It is quite embarrassing for international investors . So it may be a hard task for Chinese authority in winning investor confidence.
Sometimes non china speaking investors get frustrated in Hong Kong and mainland China due to poorly translated signs in airports, train stations and other public places.The china Government has spent huge money for building impressive infrastructure, but nobody thought to spend a small amount to get a native English speaker to make sure the translated signs make sense.It is quite embarrassing for international investors . So it may be a hard task for Chinese authority in winning investor confidence.
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