Talk about hot! The Chinese economy expanded by an astonishing 10.7% rate in the fourth quarter and according to the World Bank is expected to grow by an additional 9% in 2010. Proof of prosperity is everywhere — retail sales up 17.5% and industrial production up 18.3% in December — that you couldn’t ask for more GREEN LIGHTS.
View the video to hear my take as well as my #1 table-pounding pick to profit from the booming Chinese economy.
Best wishes,
Tony
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{ 1 comment… read it below or add one }
I have a good friend who imports electric bikes from China and is married to a Chinese woman. He advises to be very wary of investments in China. To what degree is corruption a problem when making investments in China?
If at some point China decides to revalue its currency upwards as the US would like it to do, how would that affect stock values? I guess its safe to say the value of its currency won’t go down?
By devaluing Venezuela’s currency is Chavez looking to give himself the same advantageous opportunity that China has given itself?