Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Chinese consumers in great shape

by Tony Sagami on June 11, 2008

in Asian Market, Housing Market, Stock Market in China

With nothing but negative news about the U.S. housing
market
, it would be easy to assume the rest of the world is suffering from a similar slowdown.

Not so. The ratio of household
debt to gross domestic product
in the BRIC (Brazil, Russia, India, and China) countries ranges from 5% to 10%, well below the 100% in Britain and 90% in the United
States.

The real estate and construction business is very healthy in those countries and very worth your investment
consideration.

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