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Foreign Investment: China’s no longer on top

Posted March 5, 2008

"Is this the end of the beginning for China's global dominance? Or is it the beginning of the end for China? Is it time to jump ship and forget about China for awhile - or is this another great buying opportunity?" — Mike Burnick

by Mike Burnick

Baltimore – (TFN):  In Friday's wealth comment (The Global Market That's Moved from "First to Worst"), I explained why China, recently one of investors' favorite markets, has sunk to the bottom of the list. In fact, according to a recent Citigroup report, China has become the most "underweight" market in Asia for the first time ever.

So how did the most popular and best-performing market over the past few years go from being first-to-worst so quickly? Well, Chinese shares have declined 30% from last year's high. That has a lot to do with it.

After more than doubling in value in each of the last two years, the Shanghai Composite Index of mainland Chinese stocks tumbled sharply since peaking last October. The index lost about one-third of its value.

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COME AND “DO THE DEAL”

Think real estate is dead? Boy, are you wrong. The U.S. real estate market may be in the dumps, but Lief Simon knows where you can find great international property deals that could generate nothing but profits for their owners.

On June 2 and 3, in sunny Cancun, Mexico, Lief will host his Second Annual Global Real Estate Profits Summit. Thirteen of the world’s most experienced and most successful global property investors, developers and players will convene with a single objective:  To show 100 select investors where to put their international real estate capital to reap the greatest rewards right now.

During these two heavy-hitting days, Lief’s team will detail 13 hot markets and 15 current opportunities with the potential for double-digit returns… or better.

Lief’s Profits Summit is not for everyone. It’s for you, though, if you’re looking to get in early and to get in wholesale. You want to be in the room with him and his invited A-list roster of speakers in Cancun if you’re looking for real estate investment opportunities with very big upsides (and when you register before March 15th, you’ll receive a $150 discount). Read on for full details.

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Hong Kong shares - which is my favorite way to play China - are down about 20% in sympathy with the mainland's decline.

So is this the end of the beginning for China's global dominance? Or is it the beginning of the end for China? Is it time to jump ship and forget about China for awhile - or is this another great buying opportunity? Read on to learn the answers to these questions and more.

By the way, I just was interviewed by TFN's Laura Cadden on what ETFs I currently recommend. Just click here for the full clip.

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