Man…
China seems to keep winning – doesn’t it?
It’s like every time it turns around – it’s making some new deal with another country…
And all of it seems to be coming at the expense of the American dollar.
Still…
It’s impressive to see China rebound like it has since COVID.
Sure, it had some bumpy times…
But it seems ever since it dropped its zero-tolerance policy on the C-virus – things have turned around for it.
Big time.
How big?
Well, let’s take a look… shall we?
Like I said earlier…
China’s done it again.
Its economy grew at a faster pace than expected last quarter – according to the newly released made public recently.
The country’s retail sales saw their biggest gain since June 2021 – increasing by 10.6% year-over-year in March.
This surge suggests that the long-awaited bounce back of China’s domestic economy has begun…
And if that isn’t’ enough – manufacturing investment increased by 7% during the quarter and factory output has picked up as the world’s factory resumed production.
Although there are still areas of weakness – such as private investment and the property market – the overall result is, again, impressive.
China’s economy grew by 4.5% – outpacing the predicted 4% and hitting its fastest pace in a year.
This news has excited economists – who believe that things will continue to improve as consumer and business confidence rises…
Moreover, the property market is showing signs of life again – with new home prices increasing at their fastest pace in 21 months in March.
Goldman Sachs predicts that China’s growth will hit 6% this year…
Given a boost by the prospects of additional government stimulus.
This could be a lifeline for global growth – especially with developed economies faltering.
When the economy is booming – the demand for transportation and energy increases…
Giving oil and gas a boost.
Additionally, more construction and infrastructure projects require steel and copper – which could explain why regional commodities markets rallied when the news broke.
Recent data suggests that China is making strides toward its 5% annual growth target…
If its economy continues to grow at this rate – it could be beneficial for global markets – and in a time where many developed economies are struggling to regain their footing, a strong performance by China’s economy could serve as a beacon of hope.
And that hope is spreading…
Because if China is on the road to recovery – it’ll be good for EVERYBODY.
A rising tide lifts all ships, right?
Again, there are still areas of weakness – their still needs to be some improvements…
But the overall outlook is positive.
The fact that its retail sales and manufacturing investment have increased – lets us know that the country’s citizens are finding some semblance of pre-COVID normal.
If it’s doing this well, the fact is…
China’s economy could hit 6% growth this year – which is something the entire world (including the good ol’ US of A) could use.
The real question though is:
How do we take advantage of this?
Well, you’ve got to keep your ears and eyes open while keeping your nose to the grindstone…
Or you can join GorillaTrades today and we can let you know when the hottest profit plays are ready to pop.
Our trading matrix operates on data and data ALONE…
Meaning if we put out a recommendation – it has everything to do with the numbers – and NOTHING to do with speculation or intuition.
So, if you’re looking for the next rising stock star…
You may want to consider becoming a member today.
It’s totally up to you…
And either way – do yourself a favor and keep your eye on China.
There could be some BIG movers thanks to its recovery…
And you don’t want to be sitting on the sidelines when it comes around.
Till next time…
“But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses.” – Jon Huntsman, Jr.