Investing in China – playing the long game
“Just as distance tests a horse’s strength, time will show a person’s sincerity.”
– Xi Jinping quoting a Chinese proverb in a speech in Mexico in June 2013
Australia’s long-term prosperity is inextricably linked to China successfully achieving its goal of becoming a prosperous (high income) country by 2049 when the Party celebrates 100 years of its rule. In this series of articles, we identify some of the businesses and sectors that we expect will prosper from the changing dynamic in China.