Alright, here’s how I see it. In the past, China has been using it’s Yuan to buy dollars to artificially deflate it’s currency to promote us buying their finished goods cause they could produce them a lot cheaper with this artificial inflation and lower wages. Now, this $685 Billion invested within itself is not good for the USA and it signals that instead of buying dollars to stimulate economic demand in china — they’re going to spend it building up their infrastructure.
For all you people that own USA companies — this is generally bad news.
But feel free to drive the stock market bullishly to the sky! I’ll stick with my china stocks. AOB, XIN, GHII, EJ, SOHU, YGE. XIN, GHII, YGE are the most speculative of the bunch. If you’re looking for the easy money — AOB, SOHU, and EJ will do it for you.