Friday, March 6, 2009

China sees signs economy might be recovering

"We have seen some positive signs including recovery of export growth," Zhang Ping, the chairman of the country's planning body, the National Development and Reform Commission, said at a news conference. "It really depends on the changing situation to determine whether we need additional investment."

The main point is, they are prepared to put whatever stimulus is necessary and if and when that happens, it will occur without public debate and without self-imposed constraints based on inapplicable paradigms.

This is why you have to invest in China.

1 comment:

Anonymous said...

How do you do that? In a previous post I think you said any/all China stocks will do well. Are we talking Chinese stock exchange? Can this be done through an etrade account?