Bad News - China is in trouble. People wants clean air, not growth. People wants clean water not growth. Sustainable growth is 3%.
Good News - you know this now. Get out of anything related to China.
Who has money money to gamble if China is stepping up in prosecuting Company and high official's corruption.
LVS without China, how much it worths?
THEY HAVE ALREADY HAD THEIR STIMULUS MBA,, CITIES WITH NO RESIDENTS (GHOST CITIES) REMEMBER!! TRAINS TO NOWHERE AND GHOST CITIES INFASTRUCTURE IMPROVEMENTS HIGHWAYS W/NO AUTOS !!
BANKING CRISIS , HOUSING BUBBLE ,, SOUND FAMILIAR ??
I WONDER IF ALL THOSE WERE "" SHOVEL READY"" PROJECTS IN CHINA !!!
China's middle class is expected to triple in 9 years. It grew by 230 million people in 2012. Think about that number for a second or two. In one year China grew its middle class by over 2/3 of the population of the USA. 1.3 billion people urbanizing need infrastructure. If you wait until that infrastructure is needed, you've waited too long...
I'm not just making that number up out of thin air, either. The Information was obtained from the new bilateral US-China 20122: Economic Relations in the Next Years by the China-United States Exchange Foundation (CUSEF) released May 21, 2013.
By 2022, China's middle class is expected to number 630 million, an increase 230 million in 2012.
In 2022, Us exports to China are projected to generate $456 Billion worth of GDP and more than 2.54 million US jobs.*
In 2022, the US is expected to remain the largest economy in the world, with a GDP of $21 trillion, compared to a Chinese GDP of $17 trillion.*
*Information obtained from the new bilateral US-China 20122: Economic Relations in the Next Years by the China-United States Exchange Foundation (CUSEF) released May 21, 2013.