Aussie stocks bounced back strongly yesterday, and are set to open flat today, in a sign that the concern over a trade war is overdone. Perhaps Trump’s team have done their homework. Perhaps they now see that a ‘spend as much as you want’ policy in government doesn’t quite gel with ‘let’s reduce our trade deficit’.
For a long time, Silicon Valley has always been the tech hub of the world. But in the background, teeming tech cities are rapidly gaining on the Valley. These incubators in the East may soon rival and even surpass the Valley in the coming years. And there’s plenty of growth potential in it for you, along the way.
Just last week Alphabet or Google as I still tend to call it — released a new suite of products. And although the company dropped the ‘Google’ name for the parent company, they’re clearly not averse to using it to promote their new line of hardware. In amongst this plethora of new products however, there was no new smartwatch.
Beijing has recently launched a US$300 billion plan called ‘Made in China 2025’. It wants to become self-sufficient in a range of industries.
The biggest financial story in the world today is not Fed policy or emerging-market debt. The biggest story is the global US dollar shortage.
China isn’t the market Carsales have their eye on. Instead they are venturing into Latin America (LA). Their reason is simple; that’s where future growth will be.
The biggest one-day panic in Wall Street history occurred in 1987. The Asian Crisis hit in 1997. The Global Financial Crisis got rolling in 2007, when mortgage lenders Northern Rock and New Century Financial collapsed. If you’re superstitious, that makes…
Of course you need to look no further than two huge success stories that have tapped the Chinese market, Blackmores Ltd [ASX:BKL] and Bellamy’s Australia [ASX:BAL].
Automation, robotics, and 3D printing will obliterate China’s low-cost, state-subsidised manufacturing industry.
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.