Had much fun over the past weeks exchanging investment thoughts and getting to know some of you from the EngineerInvest community. Hope you guys were entertained by some of my silly stories as much as I enjoyed hearing yours. Quite surprised that most students are Engineers by profession and not only that, some young professionals even came with a 6-figure portfolio!
“Dual circulation” is the recent buzzword in news portals and one that Chinese President Xi Jinping has often mentioned. One of the pillars of this new economic strategy is expanding domestic demand [1]. It seeks to realise the advantage of China’s super large market, the world’s largest population of 1.42 billion [2]. Naturally, there are hurdles to cross but there is much potential there. Consumption accounted for 38.8% of China’s GDP in 2019 as compared to 66% of US’s [3]. Hopefully, this will bolster the previous report of China being the world’s fastest growing consumer market where the consumption gap between China and US is closing to $280 billion [4]....