bet on China if you believe a New World Order is coming
if we look at history, Dutch used to be the world power until it was replaced by the British. Pound became world reserve currency. USA then took over as world power from British and USD became world reserve currency. China is poise to be the next world power as it is doing exactly the steps that made British and USA a new world power.
China have 1.4b people, and they are doing this "common prosperity" movement to raise the income level of everyone. if 1.4b people have the median annual spending power like the US of 24.5k. That is 3.43 trillion trillion dollars (3.43 with 24 zeros behind). Think about the wealth there man.
it is not an easy journey, it won't be overnight but look at USA in the past, they grew didn't they?
If you believe there will be a shift in World power from the west to the east. Then China will be a great bet for the long haul (we are talking 20 to 50 years).
so watch out for China, watch out for the East. think about having a diversified portfolio across different super powers in the world![]()
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$Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$ $Tencent (TCEHY.US)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$
China have 1.4b people, and they are doing this "common prosperity" movement to raise the income level of everyone. if 1.4b people have the median annual spending power like the US of 24.5k. That is 3.43 trillion trillion dollars (3.43 with 24 zeros behind). Think about the wealth there man.
it is not an easy journey, it won't be overnight but look at USA in the past, they grew didn't they?
If you believe there will be a shift in World power from the west to the east. Then China will be a great bet for the long haul (we are talking 20 to 50 years).
so watch out for China, watch out for the East. think about having a diversified portfolio across different super powers in the world
$Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$ $Tencent (TCEHY.US)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$
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有錢要趁早 : nope
gghk :
70598783 : China could control the world, but Chinese stock won’t. Because Chinese government control the company and stock market fully. It is different from US market. US government doesn’t fully control us financial market.
B_in_B : Just visit China, just visit usa to find out more, don't believe in media writing and propaganda. Visit them personally and invest in both areas. You won't regret. Good luck
High Profit Low Loss : I kind of resonate with what you have written, time will tell!
丁蟹NA : Nah, China simply has no interest in other ppl business. US can rule all they want.
102952476 : You smoked something expensive ?
doctorpot1 OP 102952476 : maybe words of a simple person like me won't have much impact but what about the same thing said by renowned investor and #1 NYT bestselling author Ray Dalio. can watch his explanation here
https://youtu.be/xguam0TKMw8
doctorpot1 OP 101596825 : Chinese Yuan have been increasingly kept by countries all over the world in their reserve. just something to think about when investing
amusing Wolverine : propaganda is everywhere east or west
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