Chinese aren’t big coffee drinkers. At least, not yet. Remember, the Chinese are traditionally tea drinkers. But interest for coffee in China is growing...find out why
Back in the 1980s, Japan went through a period of record low interest rates that fuelled an asset bubble to record highs…sound familiar? The bubble pushed the stock market and real estate prices to new heights…and then it burst in 1992. It was devastating.
China is quickly racing towards a problem. Manufacturing is a dying industry. Yet China doesn’t seem all that bothered. They want to become the manufacturing power house for higher value goods. So how does this benefit you?
There are no individuals in a place like China. Only the collective. This is why places like China need public blockchains: decentralised ways to keep records that are outside of the government’s control.
Since the beginning of 2018, Chinese stocks have lost over 30% of their value. So what does China plan to do to increase spending and the economy as the boom finally comes to a close?
The general rule is high interest rates slow an economy and low interest rates speed it up. China’s priority is the latter. They want to grow and keep growing at rates like 6.5%.
There are only so many hours in the day. Jack Ma, founder of Alibaba Group Holding Ltd [NYSE:BABA], found that out the hard way. If we look at places like China and India on an economic scale, both of these countries will learn the same lesson. What does this mean?
What can you do when time is not in your favour? One option is to look for opportunities in growing regions. If you can bag a couple of these winners, they’ll do wonders with just a few thousand dollars.
Why is sharing a good thing? China and India have benefited from trade with more advanced countries like the US. And as they become more advanced, the US will also enjoy the benefits.
By 2025, China will be an aged society. That’s why they are expanding their tech industry. They are pushing to maintain their prosperity and living standards.