By John Tamny of Forbes
It’s very difficult to pick up any kind of financial publication these days without reading about China’s growing economy, and what this means for the economic health of the United States. While an enhanced division of labor has traditionally been viewed as bullish for all who participate in what is a “closed” world economy, China’s rise is increasingly seen as a threat to the U.S. for its ever-expanding workforce making ours less relevant.
Not only is China’s economy presently the third largest in the world, it can now lay claim to being the largest market for automobiles in the world. Visitors to Shanghai alone can look up at a skyline dotted with 3,780 skyscrapers versus 15 in 1978.
Top Gaining Stocks
Top Losing Stocks