China's Economy Booming relative to the U.S.

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fastfoot

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China's Economy Booming relative to the U.S.

posted on Feb 29, 2008 01:23PM

China's economy is producing 300,000 new millionaires every year.
China is expected to have 500,000,000 middle class within the next two years. This new middle class has a strong, proven appetite for investing in the stock market, particularly microcap stocks.
There is a $ 15-$18 billion outflow of capital from China.
There are over 75,000,000 registered individual stock market 'players' in China.
Dozens of new brokerage firms have been established in China. Major North American broker companies have also been building a strong presence in China as well.
The portals have been opening for investors from China to access North American stocks.

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