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Thread: Is it time to invest in US real estate market?

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[quote=GEARBOX,344892]Marrie, thank you for the flattering comment, but which one?  Chow Young Fat or Jacki Chang LOL :)

I understand what you are saying, and I agree, right now, given China's distribution of wealth, there is only a small middle class.  China is still in it's industrial revolution and in the process of creating a middle class of consumers.  Most of China's wealth has been through exports and the factories that produce the products.  The lower interest rates will help them.  As for the consumers, China has to rise from the worlds low cost producer to the worlds high tech producer.  Such as Japan from the 60's to the 70's and the US before that.  And until that time factory workers and employees will not earn the income to have much to spend on consumer goods.  But from what I have seen, China has a growing educated population, all the college students I had talk to on my last trip only had one thing to say, "I want to work and learn".  As the younger generation begin to enter the workforce, they will be the ones to create that new thing, the new product, or a better way of doing business, and then incomes will rise.  And it's not as far away as one might think.  US companies are relocating its research and development departments and labortories to China which will create a tremendious need for entry level technicians, engineers, and scientists from China.  The experience and exposure to cutting edge technology will enevitably spawn new technologies that will be absorbed into China production.  I guess you can tell that I am excited about China's future.[/quote]

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