The most recent Business Week tells a story on John Bird Short CSKI.
He earned a profit of more than 1 million.
The key story is those reverse merger: invented in China, useless in US.
Other firms Bird short sold:
Oriental Paper
China-Biotics
China Marine Foods
China Natural Gas
China MediaExpress Holdings
Number of Chinese companies listed in reverse mergers
2004: 27
2005: 32
2006: 54
2007: 69
2008: 66
2009: 46
2010: 78