Major Turning Point: Standing at the New Starting Point of China's Bull Market: Standing at the New Starting Point of China's Bull Market

Author: Cheng Chaoze
Publisher:
Publish Date: 2004-05-01
Features: The author, who successfully predicted the sharp downturn of the U.S. economy in the book What's Wrong with Asia: A Panoramic Perspective on the Asian Financial Crisis, published in 1998, now predicts that the Chinese economy is at a major turning point in its long-wave growth cycle during the process of building a moderately prosperous society. A powerful bull market is quietly approaching. This is the first book to systematically discuss the Chinese bull market and a must-read wealth book that reminds you not to miss the opportunity to reference and share the economic red dividend of China's development. Since 2003, China's economic growth has shown increasing endogenous variables, stable improvements in factor productivity and comprehensive development indicators, and significant economic structural transformations are becoming increasingly prominent. Moving toward the goal of building a moderately prosperous society, the Chinese economy has begun to enter a new growth cycle. We have felt that the Chinese economy is operating on a growth-long wave trajectory, and a powerful stock market reversal trend is quietly approaching. This book examines the long-term trends of China's macro, meso, and microeconomies, and attempts to analyze the reasonable core of the favorable timing, geographical conditions, and human factors in the future growth of the Chinese economy. It provides insightful and profound arguments on institutional innovation during the leapfrogging of the Chinese economy, social openness, unique economic advantages, shortcoming-complementing projects for high-speed growth, economies of scale, and the effects of joining the WTO, making it an innovative research achievement in this field in recent years. If you don't know what has already, is currently, and will happen in China, then you are missing a once-in-a-lifetime opportunity to reference and share the economic red dividend of China's rise.