China Showing Promise as Chinese Stocks Pick Up Steam

From Profit Confidential
January 22, 2013 - 1:50am

There are still numerous pundits calling for China to collapse. I’m not sure where this reasoning comes from. It’s true the country has stalled, and there are more issues associated with an economy that has been expanding over the past decade. Yes, there’s a move by some manufacturers to the cheap labor markets in Latin America and Southeast Asia, but China will continue to have its share of the global manufacturing business. Armed with its new leaders and a thrust to aggressively grow its gross domestic product (GDP), I’m bullish on China. In 2012, the Chinese economy expanded at 7.8%, the lowest reading since 1999. (Source: Yao, K. and Wang, A., “China’s economy posts slowest growth since 1999,” Reuters, January 18, 2013.) While the below eight-percent readings have been somewhat new to get used to after a decade of mad growth, I remain positive, especially given the coun...


Share this article »  

Continue reading this article »



POPULAR WALL STREET NEWS & ARTICLES

WALL STREET NEWS, ARTICLES & UPDATES


More Wall Street News & Articles »

Wall Street Description

This is the largest topic on ewallstreeter. This topic aggregates news and investment advice from over 200 different news sources. It covers all the financial markets, collectively known as Wall Street, as well as international news which affects our markets.

Wall Street DRILLDOWN

Carlo  Transocean  Deposits  Table A-9  Total Private Employees  Stock Market Advice  Are Now  HORAN Capital AdvisorsFor  Jim Oberweis  Outlays  ON CHART TO ENLARGE  Elliott Wave  Market Folly  Value Investing  Robotti  ZH  Gordon T Long  Doug Casey  Altisource Portfolio Solutions  Tourre  The SSEK Partners Group  Supplies  Crude  Krauth  Poly This  CBOE Risk Management  mid-Cycle  Jeff Pierce This  Emerging Market  RealMoney  Li Keqiang  Institutional Investor  Summation Index  Validea CEO John Reese  General Market  Industrials  National Activity Index  Recession  In Bed  The Russell  The S&P  Fairholme Capital  Reserve Chair  Buy Now  Sober Look  Metals  Gilani  Sectors  Pointing  Weekend Report I  Chartology  Mark Hulbert  Tom McClellan  Charles Biderman  DAXK  Hang Seng  Golden MRO Portfolio  Review Optimized Portfolio  Weekly Report  Sales Growth  Stock Picks  Frank Curzio  Charlie Munger  Small-Cap Investing Summit  Equinix  Deere  Blue Ridge Capital  Google Finance  Hedge Fund Wisdom  Pershing Square  Rosenstein  Thesis  FCF  Technical Analysis  John Mauldin  Marc Faber  Nadella  Microsoft CEO  Betty Liu  Odey  Klarman  Baupost Group  Baupost  Upside  Emerging  Tradestation  Bull General Market  Dow Industrials  James Turk  Global Markets  NMI  Market Index  ADP Employment Report  ISM Non-Manufacturing Index  Jack Dorsey  Forced  Greenlight Capital  Tiger Global  Fairholme  New York Fed 

Wall Street Blogroll

.Google Finance   247wallst   Advisorperspectives   Alephblog   Aswathdamodaran   Bankers-anonymous   Bearishnews   Blogmaverick   Bloomberg   Bloomberg   Boombustblog   Brontecapital   Calculatedriskblog   Capitalobserver   Capitalspectator   cfainstitute   Ciovaccocapital   cmegroup   Cnbc   CNBC Video   Conversableeconomist   Crackerjackfinance   Creditwritedowns   Csinvesting   Dailybail   Dailycapitalist   Dailyfinance   Dealbook.nytimes   Dealbreaker   Disciplinedinvesting   Dollarcollapse   Easystreetinvesting   Econintersect   Economonitor   Epicurean-dealmaker   Euromoney   eWallstreeter   fallondpicks   Federalreserve   Financedocumentaries   fortune   FT   FTalphaville   FTBlog   Globest   Goldscents   Gonzalolira   Greatinvestors.tv   Gurufocus   Hedgefundletters   Hedgeworld   Humblestudentofthemarkets   Imf.org   Insidermonkey   Intelligentspeculator   Investedcentral   Investingdaily   Investmentcontrarians   Investopedia   Investor   investorplace   Ivanhoff   Jeffmatthews   Kimblechartingsolutions   Kirkreport   Macromon   Marginalrevolution   Markdow   Marketfolly   Marketmontage   Markettechnicalview   Mauldineconomics   Mercenarytrader   Minyanville   Monevator   Moneyandmarkets   Moneynews   Morningstar   Morningstar   Mytradersjournal   Nakedcapitalism   Occupywallst   Peakprosperity   Profitconfidential   Propublica.org   Realclearmarkets   reutersnext   Ritholtz   Robertreich   Safe-haven   Sec.gov   Seekingalph   Senseoncents   Standardandpoors   Stocktradingtogo   Streetauthority   Streetsmartpost   Streettalklive   Stumblingandmumbling   Swingtradingdaily   Testosteronepit   Thecapitalistmanifesto   Thecomingdepressionblog   Thedisciplinedinvestor   Theeconomiccollapseblog   Thefiscaltimes   Theguruinvestor   Thereformedbroker   Thetechnicaltake   Tradestreaming   Tradingtips   Treasury.gov   Uk.reuters   Uncommonwisdomdaily   Understandinguncertainty   Valuewalk   Vixandmore   Vlsinvest   Wallstcheatsheet   Wallstreetexaminer   Wallstreetoasis   Wallstreettrading   Wallstreetweek   Wealthfront   Wsj   Zentrader   Zerohedge