Nothing in China is what it appears to be. How do I know? I live in Guangzhou, Guangdong province a Special Economic Zone [SEZ] Factories galore, 1 hr. from ShenZhen also known as WalMart city.
The big push this week is cars. There is a huge Auto Show here this week. GM, VW, BMW, Toyota, Honda, Hyundai, Skoda made in China imports... Geely, Chery and I think BYD is newest. This is the biggest new market as there are 1.2 billion people and only 3% [I thought I read] have private cars. it is the desire of every university student I see to own a car.
If everyone starts buying the cars they desire, they will need much more roadway. Anything to do with engineering and cement sounds good. Talk to your broker
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