The current global economic crisis not only has losers, it has also clear winners, says economic analyst Arthur Kroeber today in the Global and Mail. China’s stimulus packages might help you greatly if you are in the right industry, where China wants to boosts its investments. The Globe and Mail:
What is very clear is the stimulus package is going to raise investment spending in China significantly,” said economist Arthur Kroeber, managing director of Dragonomics, a research and advisory firm in Beijing. Though he cautioned that opportunities are limited to specific niches and raw materials, Japan’s export numbers this year reveal the impact Chinese demand can have on a country’s sagging fortunes.
“If you look for example at the curve of Japanese exports to China as compared to Japanese exports everywhere else, they’re heading in completely opposite directions. Exports to China are going up and exports to everywhere else are going down,” Mr. Kroeber said.