http://www.smh.com.au/news/business/chinese-savings-tipped-for-local-resource-stocks/2007/10/03/1191091194040.html
Just imagine if 10% of this money flowed into Australian stocks?????????????
and to think China has cash reserves growing at the rate of millions per day adding to the enormous savings of Chinese citizens who are amongst the worlds best savers.
Its a funny thing.......i had given thought to our market running out of steam around the middle of next year.
with the enormous inflows into super funds before June 30 which were a record amount and the potential of even more Chinese investment in certain equities..........makes one contemplate are we just at the beginning???????????
Talk about a golden period..........its amazing!
just imagine
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