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Three Ways to Profit from the Overlooked China-France Alliance
France and China are – let’s face it – natural buddies.
France has traditionally looked for a political counterweight to the United States, and China is beginning to provide one. China wants to keep the European Union from aligning against it, and France is the EU’s guiding spirit – even if it’s no longer its largest economy.
France has strengths in some of the high-tech and heavy industry sectors that China needs. And the European nation also boasts the world’s most-sophisticated array of the luxury goods that newly wealthy China consumers now crave.
On the other hand, China has cheap consumer goods…
12Aug2008 | Money Morning | Comments Off | Continued
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