Of course China is not going to bail anyone out....They will invest and purchase goods, businesses, properties, they will invest in various economies. So far, their focus has been Africa, where the Chinese are seen as one of the biggest investors.
My view is that China will bridge the trade gap by buying from Europe, high quality products such as BMW, Ford, Mercedes, Rolls Royce, Lear Jets, Armani, Gucci,
YSL, RLP, Hugo Boss, Calvin Klein, etc.
They are building 100 new airports in China over next few years, to cater for the
private Gulfstreams and Deer jets their enterprising millionaires enjoy travelling in.
The whole of the Emerging World is booming, with many millionaires being created
every year. Standards will raise wherever money is, and so will consumerism.
So far the signs have been positive, with most Manufacturers Indexes up. That augers
well for this year, which has just begun.
What sort of year would you like it to be?
Please let me have your views.