Alternate perspective on China for this thread which is more long term oriented. China is a nation that is a ticking time bomb. It's demographics are poor with a population that is aging very rapidly. Prime earnings years are 30's to 50's, that's true for all nations. In those years your income is growing which means your consumption is growing. In the 20's you're generally trying find your footing and begin your career so late in three years you start growing economically but the entire age band isn't what the other three are. On the other end your 60's and above are years with declining consumption til eventually you are a net negative economically like you are from 0-20.
China has as many people is their 50's as their 30's. Both are larger by a lot than they have in their 40's and IIRC that group is larger than the 20's. I've seen it estimated that their total population peaks in 2035 and declines for the rest of the century. For a people that already don't understand basic economics (their socialists after all) that's a dire situation. Population growth is the #1 driver of economic growth and China is in a bad place in that regard.
My point here is just be careful over the long term with Chinese companies. 3-5 years is a good timeframe. Beyond that I'd start assuming the worst.
China has as many people is their 50's as their 30's. Both are larger by a lot than they have in their 40's and IIRC that group is larger than the 20's. I've seen it estimated that their total population peaks in 2035 and declines for the rest of the century. For a people that already don't understand basic economics (their socialists after all) that's a dire situation. Population growth is the #1 driver of economic growth and China is in a bad place in that regard.
My point here is just be careful over the long term with Chinese companies. 3-5 years is a good timeframe. Beyond that I'd start assuming the worst.
