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The Chinese Bailout: 5 Ways to Profit From China’s $585 Billion Stimulus Plan
The $585 billion bailout package that China announced Sunday may or may not help China’s economy. But with investments in low-income housing, water and energy projects, airports, disaster relief – and $100 billion for new railroads – over the next two years, this financial package provides oodles of opportunities for investors.
There is no doubt China needs infrastructure. Now the world’s fourth-largest economy, China has grown so rapidly that many of its services are stretched beyond belief. Equally, it is not so certain that the government knows what infrastructure to build, or if it can be built, without hopeless corruption.
For instance,…
18Nov2008 | Investment U | Comments Off | ContinuedMassive China Stimulus is Viewed as an Attempt to Help the West
The half-trillion-dollar stimulus package that China unveiled on Sunday underscores that country’s growing importance to the global economy and shows Beijing’s willingness to assume a leadership role in the battle to blunt a widening worldwide financial crisis, a top expert on China said yesterday (Monday).
“China understands that it’s gaining importance in the world economy and that it’s going to participate in that process,” said Keith Fitz-Gerald, Money Morning’s investment director and a former professional trade advisor who’s spent more than two decades focusing on investment opportunities in China, Japan and the rest of the Asia region.
“Many experts will see this…
11Nov2008 | Money Morning | Comments Off | Continued
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