Alibaba Opportunity as China Fears Overdone
If you listen to the mainstream financial media, you would think that China was going to undergo an economic implosion amid the trade war with the U.S.
While it's valid to argue that the Chinese economy is slowing and vulnerable to more weakness, the reality is that China is still growing its economy at over six percent.
The reported number out of Beijing pegged gross domestic product (GDP) growth at 6.6% for 2018-the slowest growth rate since 1990. (Source: "China's economy grew 6.6% in 2018, the lowest pace in 28.
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If you listen to the mainstream financial media, you would think that China was going to undergo an economic implosion amid the trade war with the U.S.
While it's valid to argue that the Chinese economy is slowing and vulnerable to more weakness, the reality is that China is still growing its economy at over six percent.
The reported number out of Beijing pegged gross domestic product (GDP) growth at 6.6% for 2018-the slowest growth rate since 1990. (Source: "China's economy grew 6.6% in 2018, the lowest pace in 28.
Den vollständigen Artikel lesen ...