60 is a sure thing by end of June. Bhp and China will feed into...

60 is a sure thing by end of June. Bhp and China will feed into each other for the next 2o years. The US market is finally acknowledging this.

Lets hear from legendary investor Burton Makiel in his address to a packed audience of fund managers and financial planners last week in LA:

"No nation in history has ever grown at this sustained rate," he said.
Much of that growth owes to the culture of the people, a key reason for his bullishness. "The hard-working Chinese energy makes New York look like a sleepy town," he said.
Malkiel said investors who can only see as far as the 2008 Summer Beijing Olympics should be looking ahead to even bigger events such as the 2010 World's Fair, due to be hosted in Shanghai and expected to be the most spectacular in history.
Malkiel's strategy also involves indirect investing, which might cater more to those investors who really are reticent to put too much money into China. He suggests investors buy shares of international companies that benefit from involvement in China- companies tapping into China include mining giants Rio Tinto and BHP Billiton, the latter of which saw shares soar earlier this week on speculation China may take a stake in the Anglo-Australian miner.

Malkiel is the author of "A Random Walk Down Wall Street," first published in 1973, in which he contended that all markets are "efficient." The book is touted as the foundation for today's index-fund investing.