China market has been doing very well . FXI BIDU CTRP NTES SNDA have been so strong. SOHU is behind and the current drop creates good opportunity to buy low. We should follow china stocks for investment. They seem to know how to turn their economy more than us here ugly politics.. China has tons of money. We own them tons too.
anyone else bullish on China FXI ? calling it now, double by end of year! 30 bucks and change today...I'm accumulating.
China's stimulus as a % of GDP makes the US stimulus look pitiful, in addition China has been forcing its banks to lend (probably a high % of bad loans) so there injection of real liquidity is another big differece between the US and China. Now everyone is waiting to see what China's 1Q GDP number are (due Thursday). They will be cooked ofcourse and if China is smart they won't be good as it will then give them more time to accumulate commodities at low prices. A better than expected number and commodities will take off along with China stocks.
You should be it has had a huge run already. Definetly worth the look. But not that much of a long term.