Marc Faber : in China the transparency is very low

Marc Faber : I am not buying Chinese stocks but i bought recently or increased recently some positions in Hong Kong shares , because I happen to prefer to play China through some high quality companies and in the case of China the transparency is very low the visibility of earnings is very low and some very smart people have been hurt and I suppose they made a detailed analysis of what they were investing in and yet they were wrong so how do I Marc Faber who knows nothing about the balance sheets all among these comity and companies , but anyways ...how do i know how to analyze precisely a Chinese company so I do not know soI , at the China play I own some Hong Kong Companies ....- in Bloomberg Radio