Poker Principles to Win No Matter Which Card China Deals
You would not normally spend evenings on the Strip in Las Vegas, to learn how to deal with China. However, there is no harm in learning the basics of dealing with opponents at the famed gaming tables of Nevada. Not that China is a mere opponent; it has huge dollar reserves, holds keys to our stock market inflows, and is the major emerging market by all accounts.
China and the United States have such inter-twined trade relations that the stock market can no longer remain a passive spectator. Some major US banks have established strong business links with Beijing, and that includes even approaching their sovereign funds for help with the sub-prime mess. What can you do?
Taking a part of your stock market investments to China is a gradual appreciation process to consider. How can you do this? Look for stock registered and regulated in the US, which does it main business in China. Take Worldwide Energy and Manufacturing USA Incorporated (OTC: WEMU) for example. This San Bruno, CA Company has subsidiaries in the engineering business of China. Chindex International Incorporated (CHDX) does something similar in healthcare. It is based in Bethesda, MD, is listed on NASDAQ, and operates classy hospitals in Beijing and Shanghai! There are other cards like WEMU and CHDX on the stock market, and they can keep you on the plus side no matter what the Chinese do next!