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China Updates
By EngineerInvest.com  •  April 16, 2020
Hi Guys, Thanks for checking out my blog. It is encouraging to read replies from readers pertaining to my previous blog dated 21Nov18 Many big headlines such as “China export fall more than 20%!!” [1], "PMI dropped to lowest ever" etc. We have to note that the Chinese had just celebrated their Lunar New Yr on Feb19, and they have like 10 days of public holidays? Overseas export enquiries should most likely receive automated out of office replies. Moreover, China has already mentioned moving away from an export driven economy to focus on imports [3]. Much also has been mentioned before on the exploding wave of rising China middle class [4] that will drive imports and other industries such as consumer staples and consumer discretionary. Most news and media will focus on the short term, what you need is to focus on the businesses / earnings. By now I believed...
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By EngineerInvest.com
2020 happened to belong to my zodiac, the Year of the Rat. Yes, I’m 35+? . Leaving my stable 6-figure per annum job as an engineer (it's really not too bad being an engineer) right after I bought my new car and amid the COVID-19 outbreak left many of my friends in disbelief. I got bombarded with many questions especially during the Lunar New Year gathering. Questions like “Don’t bluff, you received a better offer right?" Actually yes, I offered myself a job of spending more time with my family, to do what I love and to improve my wellbeing.
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