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

Chinese stocks at 18 times earnings

by Tony Sagami on August 8, 2008

in Asian Market, Stock Market in China

What country has lower stock valuations: China or the U.S.?

The average U.S. stock is selling for 21 times earnings. And our economy is putting along at somewhere between nogrowth to a recession.

The average Chinese stock is selling for 18 times earnings and the Chinese economy is still growing at double digitrates.

Which country presents a better investment bargain to you?

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