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Originally posted by Gynecologist
What currencies to buy or places to invest to take advantage ahead of this event?
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great thread. I made a move last week to invest in a hedge fund that purchases only A share funds which trade on the Shanghai stock exchange. This is just now becomming available to us investors. The currency issue alone should boost this investment. Keep in mind that full membership into the World Trade Organization will force them to float the currency in some manner that is more realistic than what its worth now. The full membership takes place in 2005. Not to mention the fact that China is going to explode in growth and companies are going to emerge as great leading companies that will make money. They have 1.3Billion people with 480 million of those people being in urban areas. They lead the world in broadband internet users, and thats still growing at a remarkable rate. They are booming in all areas. I am betting that China will be a great new place to get in at the infancy stage of a country's economic rise.
Louis