Thursday, July 29, 2010

China's Advancement

According to a scholar and an investment manager I just saw interviewed, both of whom are experts on China, 300,000,000 Chinese people will move into the urban/suburban middle-class in the next 15 years.

That's as many people as we have in the entire USA. That's almost 400,000 people per week.

China will need houses, roads, bridges, hospitals, schools, water-treatment, telecommunications, electricity, cars, computer systems...

My clients and I are and will continue investing in China, both in China-based firms and firms that do business with China.

No comments:

Post a Comment