Growth solves a lot of problems. Growth is what all the developed countries want but can't seem to achieve. Growth has given China the leeway to make big changes without destroying the economy.
Can they do it? Don't know but I give them a better chance than our sad politicians.
Another trend that's going to benefit China stocks is government encouraging stock over real estate. Chinese investors have traditionally invested in real estate.Too much. So that's why they have empty
buildings. But unlike us they require big down payments and generally have at least 40% equity in rental or investment real estate.
Xi has indicated he wants less speculation in real estate. Chinese Stocks should benefit from this shift.
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
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