ODA 0.00% 13.0¢ orcoda limited

FWIW...China backs down, page-6

  1. 1,064 Posts.
    lightbulb Created with Sketch. 54
    Indeed lots of things at play which the astute investor needs to be aware of, gone are the days where one think it will suffice to glare at a PC screen reading graphs.

    The Macro-Micro environments in China is of great interest to many. Of particular interest and very much releated to the informative articles you have posted, consider;

    Alibaba’s ‘e-hub’:
    Neil Wang, president of Frost & Sullivan Greater China, praised the establishment of the e-hub and cross-border trading platform as it would enable SMEs to develop new international clients, handle logistics and even payments without geographical restrictions.

    China is on the path to global technology dominance:
    E-payment revolution has left the rest of the world in the dust. China’s digital payments market is today 50 times larger than that in the US.

    Whilst USA and many other countries are feeling somewhat intimidated by current market trends it seems Australia is enjoying its free trade agreement with China - certaintly, it looks to me SMA has taken the steps in the right direction and stand a good change leveraging from the digital 'explosion' in China.

    GLuck & DYOR
    Last edited by GoldRush101: 24/03/17
 
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