November statistics for China’s performance point to an economy that is getting back on track. Retail sales, a critical gauge of economic performance, grew 13.7 percent in the month — the fastest growth since last December and far ahead of expectations. In addition, fixed asset investment also rose 19.9 percent in the first 11 months of the year, a significant improvement over last year’s figures, which were the worst in a decade. According to Tim Condon, Asian economist at ING in Singapore, “The economy is humming along and there is no need for growth upgrades or growth downgrades. They can focus on what they need to focus on, with no need to worry about growth stabilization policies.” Is this enough to get you to dip your beak back into China?
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: