Predictions of China’s Growth by the Christmas Tree
I have often found that some of the best information comes from the least expected places. For example I recently was at a Christmas party for a top NYC law firm. One of the people I met was a trader who specializes in Southeast Asia.
This trader believes that Japan, China, and Australia will all be exceptional areas of growth throughout the next 5 years. China is his personal favorite. I paraphrase…
“China has the sheer manpower that will help it outperform. In many ways it is similar to Japan of the 1950’s.”
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Impending US Rate Cut Moves China and Asian Markets
It’s amazing the interconnectivity of the global stock markets and the thoughts that are held in various countries. This is especially true of China, and it’s stock market.
As noted earlier on this blog, China has ended a long Bull market and entered a Bear recently. The 20% drop has elicited calls of caution from noted investor Warren Buffett, and debate amonst brokerage house. Yet the outlook for 2008 is not quite that dreary.
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