Why I'm Investing in China
It is more than ironic that the current so-called Great Recession has prompted various Western observers to turn a 30-year-old belief on its head. No longer do the pundits claim that China can only survive and prosper by adopting capitalism; now they look to China, with its growing economy and increasing demand for consumer goods, to keep capitalism itself from collapsing.
China saw its growth falter in 2009, but it continued to grow nonetheless. Its expansion has recently picked up speed--even as Western nations continue to struggle. Evidence of the wisdom of continuing to invest there can be seen in the strength of its economic vital signs, with freight tonnage, electricity usage, and automobile sales all showing increases.