Tony Sagami -

Chinese stocks at 18 times earnings

by Tony Sagami on August 8, 2008

What country has lower stock valuations: China or the U.S.?

The average U.S. stock is selling for 21 times earnings. And our economy is putting along at somewhere between no growth to a recession.

The average Chinese stock is selling for 18 times earnings and the Chinese economy is still growing at double digit rates.

Which country presents a better investment bargain to you?

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