If anybody followed my advice on China on April 22, 2009 (GXC or FXI) they would have received a 10% return on their money. That was a lucky guess.
What's not a lucky guess is my economic forecast that the Chinese economy will recover more quickly than the US economy.
The official manufacturing index for China indicates two months of positive growth. A reading above 50 indicates a positively growing China.
In contrast the US ISM numbers show a negative decline in the economy, although not as bad as previous months. Meaning the US went from worst to not as bad. At the same time, China is positively growing.
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