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Investment Ideas on China Plays

In Articles on September 6, 2011 at 12:07 pm

Yan Ji, investment director at HSBC Jintrust Fund Management Co., which manages $1.6 billion, forecast that earnings growth in China may taper off to 10% for fiscal year 2012. He favors two sectors, namely technology, particularly in the cloud computing space, and consumer staples producers, as domestic consumption spending is encouraged to fend off the dip in exports.

“Miao Wei, minister of industry and information technology, said Aug. 23 China will push forward development of the Internet to make breakthroughs in cloud computing and the Internet of Things” a global market which is expected to increase by six fold to $241 billion market in 2020.

Read more here Investment Ideas on China Plays

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