OK Given that a large part of China’s wealth is trapped in unproductive investments, it doesn’t inspire confidence about China’s ‘rising middle class’ and ‘rising consumer society’.
Right now, China officially does not have enough gold to have a ‘seat at the table’ with other world leaders. Think of global politics as a game of Texas Hold’em. What do you want in a poker game? You want a big pile of chips.
Trustee for AMP Capital China Growth Fund (ASX:AGF) was trading higher today as the Shanghai Composite lifted along with other Asian markets.
Contrary to what you might think, we didn’t once touch on China’s credit quality and growing debt issues. You see, Chinese tend to look at very different indicators than IMF economists.
Shinzo Abe, Prime Minister of Japan, issued a warning at the G7 meeting. The G7 is a meeting between the world’s major economies.
Now the rise of the Chinese consumer has begun. And it’s gotten businesses frantically pushing their products into Asia.
A2 Milk Company Ltd (Australia) [ASX:A2M] saw a strong reversal in its share price in trading today.
There was never a shortage of positive reviews on China’s tech sector form veteran Silicon Valley investors.
I wonder what Apple would do in the face of its biggest challenge. No, it’s not the US government. It’s the Chinese government.
Australian Pharmaceuticals are expected to rise even higher. And it will be powered by China’s growing middle class.