I am simply not buying the "China is falling apart story." Who are you going to believe, the media and US-centric whores who hate the china growth story or people like Jim Rogers or Andrew Liveris-Dow Chemical CEO (who actually live or do most of their business in Asia)? My bet is with Rogers and Liveris who see NO SIGNS of Chinese weakness. China has inflation contained now and have publicly stated that economic growth is job 1. Rest assured they will go back to their frenetic 24/7 schedule and growth will still be in the 9-10% range this year. The "global growth bears" have absolutely nothing to support their argument. The global economy will resume its growth cycle in the 4th quarter. This could be the best buying opportunity for Chinese stocks since 2000.
China's Looming Hangover? [View article]