Friday, September 11, 2009
China Recovery Quickens as Production, Lending Climb
Sept. 11 (Bloomberg) -- China’s industrial production rose more than forecast in August, lending unexpectedly climbed and retail sales advanced, indicating growth in the world’s third- biggest economy is likely to accelerate.
This is what I have been saying all along. China has no choice but to continue its stimulus because WE are implementing policies here in the U.S. that will keep consumption down and endeavor to boost exports.
Those who continually call for a "top" in China stocks simply do not see the big picture. Buy every dip you can, especially when the crowd's warnings of an imminent China collapse are greatest!
Read my Special Report on China and get the whole picture!