Investing In China Continues To Hold Promise As Trade With America Soars

Friday, April 08, 2011 07:14
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Investing In China Continues To Hold Promise As Trade With America Soars

Tags: emerging markets | trade

Big brokerage firms upgraded China’s market outlook Thursday in light of strong earnings momentum and the potential for easing on the inflation front.
 

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HSBC Holdings and other brokerages upgraded China after data indicated that China’s monetary tightening policy is working, according to the New York Times.


A recent study by the U.S.-China Business Council also figures into the mix, showing that American exports to China rose 32% to a record $91.9 billion last year, according to this state-by-state report.


China’s growing appetite for computer components, aircraft, grain, chemicals and other goods bodes well for continued growth in that country.
 

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