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Are You Short or Long China?

I largely agree with fxtrader07, though it depends on the business. For example, Ctrip and Home Inns have very little to do with the US economy – they serve the domestic market. That’s one reason why I have positions in both, despite their rich valuations.

China Medical: A Cure For My Portfolio?

I’m currently researching this industry for my company, an investment firm, and to be clear, the cited KPMG report does not say, “the market has grown from $9bn to $17bn from 2003 to 2008.” It was published in 2005 based on data through 2004; $17bn in 2008 is a forecast. That data is from a 2005 report from Datamonitor, which has updated that report for 2007 (reports.manta.com/data...) Nonetheless, there’s no doubt that this market is growing fast and will continue to do so.

I found the most interesting part of that report to be China’s demographic shift, i.e. ageing population. According to the report, “By 2025, the number of people in China aged 65 or over is expected to top 198 million.” You can be sure quite a few of those are going to get cancer.