Sunday, August 9, 2009

Kiplinger's magazine,September 2009 and Harvard Review

Tasty returns from emerging markets: Add international flavor to portfolio providing foreign sectors can earn higher profit in the 21st century.

IMF predicts China will grow 8.5%. Laurent Saltial sees opportunity in Brazil, India and China. He recommends investment of 15% in developing markets for potential safety and profit.

Page 18: The global recession has hurt China but much less so than other countries. China's exports are suffering but China has huge and underdeveloped home market.

Matthews China fund in 2004 $88 million in assets. Today it holds $1.6 billions. The Chinese auto and truck sales were up 34% and ours were down 34%. China Fund(Scottish): 17% over past 10 years. China car market is now bigger than America's. Baidu Web Search Engine and China Mobile are firms to be watched with optimism.

Harvard International Review,summer 2009:

Justin Yifu Lin, Chief Economist at the World Bank challenged Keynesian but favored fiscal stimulus in his conclusion. He did not provide any conclusive recommendations,however.

In the 1970s, I had an opportunity to compare notes with the late Arthur F. Burns,former Chairman of the FED and he agreed with me that Humanpower Policy should be stressed because monetary and fiscal policies cannot operate in a vacuum.

My works were directed to such objectives for economic growth via training and retraining decades ago. "Work and Study Cycle Theory" is to be validated and implemented as I would envision to enhance productivity for economic growth.

Francis Shieh a.k.a. Xie Shihao, a lifelong student trying to teach and to learn in the USA apropos of American English and American culture as part and parcel of Lingonomics.

Sunday, August 9, 2009 at 2.32 p.m.

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