Super Risk, Big Reward?

I was looking at YONG a Chinese fertilizer stock that I watch/kinda like a tiny bit.  This stock has a high beta and looking at the basic numbers seems like it could be a strong outperforming stock.  Due to the sector it is in and the growth in China and is trading in a well defined range.  I like it at below $4 and then as a sell at around $6 as a swing trade.  On the surface it looks like this stock has huge upside.  But then again do the numbers really look good?  China has a one party political system and no real SEC like the U.S. does.  So their companies can just make numbers up for all the rest of the world knows.  How much do you trust the Chinese Communist Party?  They don't let people look at Google in their country and they use nuclear weapons to mine for coal......  Unless your an expert on the ground or you feel like taking a big risk on a technical move you should leave Chinese Stocks alone.  It just doesn't get any riskier, trashier, or corrupt;  until Somalia builds an Index to trade in at least.