China companies might be the next big thing. How can investors tap on their growth?
For the first time ever, China has surpassed the US in having more Chinese companies on the Fortune 500 list.
American companies have traditionally dominated this list, as history will show you. However, a total of 129 Chinese companies made it to the list this year, surpassing the 121 American companies which include the usual suspects, Apple and Google.
I've no doubt that China offers one of the biggest investment opportunities today. For those of us who missed out on investing in US giants (eg. Amazon) because we were just too young then, China might be our next chance.
And I'm not the only one who thinks so. Even Charlie Munger feel the same way, and has been pushing Warren Buffett to invest more in China. As told to CNBC, Charlie Munger said,
"The best companies...