At any given time, there’s always something bad to comment on regarding China. What some investors don’t fully take into account, IMO, is that even at a slower GDP growth rate than in the recent past, China’s absolute GDP growth is becoming larger and larger each year as the growth rate is applied to an ever-increasing base value.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”