[batter]

I would like to know their revenue specifics, ie how much money came from the PRC and SOEs. How much has come from actual local private firms (not including foreign firms operating joint enterprises and the like)? Lets face it, the majority of Chinese are not fairing well - just look at the protests in NE China.
Then again, like DoughtyOne said, when you're paying people pennies an hour (or using laogai labour) it doesn't require very many sales to make a fair profit.

[DoughtyOne]

I bought a little clock at Sharper Image about two years ago. It was a nice looking cheap little clock. Got home and the thing was made in China. Okay, suck it up and get over it. So I took it out of the box and it worked for about ten minutes. (not exagerating) So I took it back. After checking out about five new clocks, I opted for a refund. None of the clocks worked. You can't tell me the vendor didn't know this before I got there. They just bank on people throwing their loot around an not coming back. Quality is word "NONE" when it comes to China merchandise. IMO

[DoughtyOne]

I'd be willing to bet venture capital was provide mostly by US firms wishing to do business in China.