- Jun 24, 2003
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Anyone have ethical objections to investing in Chinese companies? Let's face it, China has a booming economy and an emerging middle class of hungry consumers. If any businesses in the world are well situated for growth, they're in China. Of course, us average investors would invest through a mutual fund specializing in Chinese companies. I'm eyeing one that's no load, and is up 20% this year. I sure wouldn't bet the farm, but I think taking a comfortable position is smart diversification for the long term. Especially, since the yuan is still valued low compared to the dollar. It's gonna have to rise eventually. Which will just increase the value of Chinese shares that much more.
Opinions welcome.
Opinions welcome.