Currently, Red Hill Capital believes that art offers the best investment opportunity in China.  As we have said on our website and in our incountry-china and leonacraig blogs, the stock market, real estate, export goods, and the teapot (as a segment of the overall art market) markets have seen their day.  For the future, as we foresee it, importing quality goods to China will be the best business, as the Yuan revalues to a reasonable purchasing power parity level and after import taxes on foreign goods are lifted (a computer battery that I ordered from the U.S. after I moved here doubled in price at my door) imported goods will be snapped up by eager buyers.  That is a corollary of what we recently said in our incountry-china blog: the Chinese are hungry for information, contact, and goods from foreigners.  They have had to put up with local low quality goods, on the one hand, and prices on imports, if they are available at all, are unreasonable.  It costs $3 for a giant-sized bottle of private label Walmart Listerine, in the U.S., and, here in China, it costs me Y30 for the small bottle of the brand name, which could buy me lunch for a week.  Another business that will become even more important is for brand-name companies to set up local plant.  Then, they can produce with local labor, keeping everyone happy, and produce for both internal Chinese and export from China.