The news about China’s economic woes is wide spread and it seems that the equity markets in China are along for the ride. This has been felt even in the stock markets in the US since investors like Efraim Landa can become concerned about what impact China’s economy may have on the economy on a global level. Plenty of negative influences are heard because of the upheaval.
Is China okay?
It’s rather obvious even to the casual observer that everything is not running perfectly in China. However, there should be some thought given to the economic growth in China and perhaps there is a different perspective from which to view it. In 2015, the GDP of China has been estimated at more than $11 trillion. This is not actually too bad when you compare them to others like Germany and Japan who are both closing in on the United States at 7% growth factors. This is an enormous amount of growth considering it’s not been done before. China’s economy has lots of prospects and investors who are patient will likely be rewarded eventually.
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