Invest in China, not US says CNN Money

[DBoon]

US trade and budget deficits will likely result in a lower dollar, stifling economic growth.

"The economy that could see its currency appreciate the most against the dollar, and the one with the biggest growth prospects, is clearly China"

See:

http://money.cnn.com/2003/09/30/markets/overseas/index.htm?cnn=yes

More evidence *'s economic policies are screwing us. When the investing class bails, that says something.

[kurtyboy]

1. I'm in a college Economics course right now

And yesterday, the Professor recommended the same thing--much bigger opportunities for growth, he said. This despite huge barriers and endless red-tape for foreign investors, he added.

"I'm not able to invest through my pension plan, but I do put some of my other money into Chinese interests."

[Old and In the Way]

2. Pretty easy to understand.........

Largest developing market and fastest per capita income growth.

I think I read somewhere that China has 300MM new consumers added to their economy in the past 10 years. They also are producing bricks at the rate of 1.6 trillion per year.....now thats mind boggling.