Posted on 08/23/2010 7:09:13 AM PDT by Slyscribe
China’s fast-growing economy overtook Japan’s in Q2 to become the world’s 2nd largest. Many economist say it could surpass America in a decade. That combination of size and speed offer huge opportunities for companies and investors. U.S.-listed Chinese firms are near the top of the IBD 100 list of the very best stocks based on fundamentals and technicals.
(Excerpt) Read more at blogs.investors.com ...
Invest at your own risk.
These companies may be making money, but it’s all going to go to insiders at the company, not foreign investors.
Or maybe, given Chinese accounting, they’re not really making money at all!
It is both. The Chinese invent numbers.
Good post about great stocks, but the party line here is that whether China buys or sells US debt it’s horrible for America —just like it’s horrible for America if we buy Chinese debt.
Right now the DJIA is unchanged and VIT is up 2%; I’m glad I bought it this morning.
Ancient Chinese Proverb: “We can always fool the foreigner.”
Invest in a Chinese firm or do business with the Chinese at your own risk.
I would only buy Chinese stocks using technical analysis. It is all based on great fool theory. You hope another fool will pay more.
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