re: a good buy at.....
Read an analysts report on China.Mentions that they expect a slight drop in GDP over the next year or so as the Chinese tighten monetary policy a little.It appears its only certain sectors such as the overheated steel market that have them a little worried.That said,they still have relatively low inflation but high unemployment and the property market is only overheated in specific areas such as the Shanghai area.
The underlying message is they still expect growth of 8%+.
The other point was that they are rapidly reaching an ability to self sustain their growth irrespective of a flat US market.The only thing that might knock this GDP figure back is a complete collapse of the US market.
