Phone Call From China
Filed in archive Hedgetalk by Alex Akesson on January 26, 2007
This got me thinking about Chinese hedge funds and emerging markets and all that good stuff. So I looked into it and China was the busiest emerging market in 2006, with deals worth $104.3 billion, an increase of 69% on 2005. Russia and south korea
followed with $98.5 billion and $42.3 billion worth of deals respectively.The World Bank predicts the Chinese economy will grow by 9.6% this year; and other mainstream economists put their forecasts at a minimum of 8.8%, that means the nation has a good chance to become the third biggest economic power by 2008.
So I may not have been able to help with finding her a hedge fund job, but I have a feeling that she, and China will do just fine.
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