Is China Too Good An Opportunity To Miss?
@koolgal：
🌟🌟🌟 In recent times the Chinese markets have been subdued due to the ongoing property crisis, exacerbated by the Middle East War. On Monday, China 's blue chip index dropped to its lowest in over 4 years. But the latest news is that the Chinese government is set to approve slightly more than 1 Trillion Yuan or USD 137 billion in additional sovereign debt issuance this week. This is to spur infrastructure spending and encourage economic growth. In recent weeks, Chinese authorities have introduced a raft of measures that included more public works spending, interest rate cuts, property easing and efforts to shore up the private sector, after China's growth momentum dropped. Today US shares look expensive with the S&P500 trading at more than 30 times earnings