The stock market goes up again! China has been blamed for all the recent downers on the market in the world. Possible with reason, but we both followed and earned money on them. We were not blind or cheated by China; we were greedy, nothing else.
The situation in China have made them change to a system they call the new normal. In short, this is a model where they slowly move away from the export/ investment model and start to focus more on the consumer. The consumer market in China is booming. Perhaps the world’s most populated country will pull this off through middleclass consummation. We should not lose the perspective on China. China is BIG and has a completely different way of thinking and acting. Yes China is turbulent these days, but China will calm down. China will pull this off! The question is rather will we pull it off.