Time To Buy China [Forbes]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Forbes
Getty Royalty Free China is a country many Americans love to hate, whether the subject is geopolitical rivalry, trade or jobs. For some investors, the enmity carries over into an aversion to Chinese stocks as well. That’s a mistake that will only magnify in coming years. The world’s second largest economy is consistently expanding at a rate more than 50 percent faster than U.S. second quarter growth, which was pumped up by the stimulus of tax cuts. China is also already the globe’s biggest market for myriad products, which is why the vast majority of the S&P 500 does business there. And it’s become the primary driver of multiple global markets as well. The Chinese government’s decision this year to suspend subsidy on new solar projects, for example, resulted in a flood of cheap solar panels on global markets. That drove down prices and basically negated the impact of the Trump administration’s 30 percent tariff on imported panels. In fact, U.S. sola
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