The most important thing is you need companies that have the ability to return capital to investors. If you do not, what you have is like free-to-play mobile ga

The most important thing is you need companies that have the ability to return capital to investors. If you do not, what you have is like free-to-play mobile game. Real money goes in, and is then redistributed to the insiders who take it and walk away. This comes in two pieces, first transparency and accuracy of the company: Who is enforcing accounting standards? Who is doing the auditing to ensure the said assets are really there? The second, is the economy based on real demand or something temporary: Are profits dependent on the activity of government officials & central bank finance? It would be very unfair to single China out in this regards, just look at what happened to Brazil.