It was Germany last year. Japan this year.
It was only a matter of time, but China passed Japan last week to become the world’s SECOND largest economy. Japan’s total economic output hit $1.28 TRILLION in the second quarter, but China edged ahead with $1.33 TRILLION. Look out United States because China looks to overtake us as the world’s largest economy by the end of this decade.
The bad news for Japan is that it is mired in a deflationary spiral and isn’t going to turn around anytime soon. Meanwhile, China continues to grow at a frantic pace and is expected to do so for many more years. For investors, there is tremendous opportunity in both countries.
Watch my video to learn about the two specialized and largely unknown ETFs that can make a mountain of money from both Japan’s woes and China’s boom.
Best wishes,
Tony
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{ 3 comments… read them below or add one }
Thanks for the great commentary Tony.
The main view I take is that the velocity of China’s growth will surpass everything the investing world has ever encountered.
They have been silently positioning themselves for the past 20 years and now it’s to the point where it’s very obvious how powerful they have become.
Dear Toney You told us that ALIBABA (ALBCF) WAS A GOOD STOCK TO HAVE I PAID 2.50 FOR IT TELL ME SHOULD I HOLD OR SELL IT THANK YOU PHIL ROMANO
True China growth did not happen overnight it took decades to get to this point working at their own pace and even trying to cool it down for fear of bubbles, I am long on China.