Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 6
Just returned from China, so here's the skinny as I see it:

1) New politbureau definitely forward looking in expanding China role in global economy. Examples: Lower age for beginning to teach English and aggressive westernized infrastructure investment.

2) Chinese people having hope for better life, and stimulating more internal consumption. This encouraged by party line backed by strong effort to provide more opportunity to grow middle-class.

3) Astronomical bet on "build it and they will come". Enormous debt funding of construction and other infrastructure, but also in marketing of China and Chinese products. This could cut both ways.

4) Arable land base shrinking, as fastest growth in established urban areas. Particularly important driver for success of companies like Yongye and CGA.

Reminded me a bit of post civil war U.S., and the Horatio Alger mind-set: achieve middle-class through hard work, determination, and some luck.

Takeaway - much opportunity.

nano
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.