TAIPEI ( TheStreet) -- Foreign trade in Tibet grew more than 152% last year to $3 billion, the state-run China Daily newspaper says. The world's highest railway at more than 4,000 meters above sea level has brought other economic benefits to the same far-away, Chinese mouthpiece Xinhua News Agency adds.You would think Tibet is a hot place for investment. Try again. Tibet is a frigid region in the Himalayas of southwestern China. Its ethnic Tibetan people are poor, and their ever-edgy relations with China's ethnic Han majority have sparked a run of riots, self-immolations and government crackdowns over just the past five years that I can best remember.
Foreign Business in Tibet? Investor Beware
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.