Bobwins

Jinpan Int'l: A Small-Cap Chinese Infrastructure Play

I haven't purchased JST but have a comment about China's growth. The exceptional growth of China is similar to the US growth in the 50's, 60's and 70's. Infrastructure buildout is a long term, continuous process that doesn't stop for short term economic events. The government in China is in control of planning the power grid, dams, freeways, utilities, sewers and water supply. They cannot stop and start these projects. If for nothing more than for employment and riot avoidance, the government will continue the planning, construction and implementation of massive infrastructure projects for their billion plus population. I am buying a basket of Chinese stocks aimed at those who provide services and products to the domestic Chinese economy, not the cheap labor Walmart products. The internal growth of China and it's internal consumption are the prize here.

JLT looks like it fits my target parameters but it isn't particularly cheap. Thanks for the good article. I will do some DD on JLT. It is certainly got growth in the infrastructure buildout categories. Bobwins