A Bourse Diary

Thoughts on stocks, speculation and ... life

Wednesday, January 18, 2006

Don't Be Afraid of China

It has been always my point: the emerging economic power of China is good to the world and good to Western companies. The pressure for more productivity and the benefits of lower costs (with all capital and labor allocation benefits involved) will mean under the bottom line a surplus in standard of live, economic expansion etc. In this process there will be of course (relative) winners and losers. I suppose that investing in the globally operating companies will be a pretty sure bet to benefit of the progress driven by the globalization.

A good related article in the Business Week provides also insights on Chinese currency, trade and stock exchanges: Don't Be Afraid of China

posted by saviano @ 11:24 AM

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