Thanks for all the info. i've been catching a lot of china articles, and the volume has substantially increased recently.

"I think the truth is: no one knows! Every year people throw out warnings, but until it happens everyone is just speculating."

the thing that spooks me a little, having been caught in the net-meltdown debaucle, is a little reminiscence of 'irrational exuberance'. the news media and greenspan were saying similar things with increasing volume for months ... then one day ....

anyway, i lightened up on another fund fund today, guiness china/hk just to rebalance a little. if there is a significant drop i'll probably add more to my matthews holdings once the bleed stops.