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I was watching CCTV (Chinese News english format) Friday night on DISH and learned that not only is China’s financial infrastructure 15-20 years behind ours, and is still corrupt in many areas.
A retired and successful American businessman from Oregon was being interviewed and stressed the golden opportunity for INVESTING in "Financial Consulting" companies doing business there as the restructuring of their financial infrastructure begins.
He explained how international trade now forces China to improve their government regulatory actions in finance and that these new actions will rid most of the corruption over time.
"Educating" and "financing" more and more people, and new businesses, is a must for economic growth and to become internationally competitive. So "financial consulting" is key in their new start-up period for years to come.
Imo…if we can find a cheap fundamentally strong “financial consulting company” or two, that’s in this new market, then it’s highly probable we could be rewarded greatly long term.
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