Wangfujing Street is the first modern-style commercial street in Beijing. This major retail hub, which attracts nearly 1 million people a day, is also a place where many U.S. companies are doing BIG business. Today, I’ll take you on a stroll through Wangfujing Street so you can see where Chinese consumers...
The World Bank recently reduced its estimates for economic growth worldwide and in the euro zone, and the numbers are pretty dire, as they indicate the potential of a world recession on par with, or even worse than, the economic climate in 2008 after the collapse of Lehman Brothers. But China's economy...
The European debt crisis is expanding and threatening to bring down the rest of the world with it. At least that is what the "experts" are warning. But they couldn't be more wrong. New research from the International Monetary Fund, the World Bank, and several brokerage firms reveal a small...
Filed under: Filed under: Asia, Tony, Sagami, Chinese Stocks, China, Investing, Asian Investment, Invest, growth, investment, global, stocks
All the eager-to-get-elected politicians are railing against China for stealing our manufacturing jobs and keeping our unemployment rate painfully high. Wrong! A new study by the Federal Reserve Bank showed that only 2.7% of total consumer spending in the U.S. went to Chinese products in 2010. And of...
It is an old statistic but one that investors should never forget: Roughly 70% of the U.S. economy is comprised of consumer spending. That is the money that you and I spend at the grocery store, the shopping mall, at car dealerships, and at our favorite restaurants. The problem for the U.S. economy is...
Filed under: Filed under: Tony, Sagami, Chinese Stocks, China, Investing, Asian Investment, Invest, investment, Inflation, global, stocks