Investment Opportunities of Olympic Proportions

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2008: A Golden Olympic Year!

First of all, I think the best way to see what China may look like after the games is to investigate how other countries have fared after they’ve hosted the Olympics. Last fall, I visited Greece and was able to tour the capital city of Athens. I was excited to see the city because I’ve been fascinated by Greek mythology ever since I was a child, but in addition to the ancient sites, I visited the large stadiums and facilities that were built especially for the 2004 Summer Olympic Games.

Now, the Athens Olympics attracted only half as many visitors as the Greek government expected. Although the event was labeled by many as a money-loser, it had a major effect on the country’s economy.

Since the Olympics, Greece has been the fastest-growing economy in the developed portion of the European Union (EU), with annual GDP growth close to 5%—its highest growth level in recent history.

The 2004 Olympics also reminded the rest of the world that Greece is thriving in the increasingly global economy of the 21st century. The billions of dollars in free publicity more than made up for what Greece lost from poor ticket sales and empty hotel rooms.

I expect a similar result from this year’s Beijing Olympics. Regardless of how many visitors show up to the 2008 Games, people around the world will see the incredible transformation taking place in China today.

The True Olympic Growth Drivers!

Let’s not forget that China’s economy has been growing at about 10% for two decades! And believe it or not, this amazing growth has little to do with the 2008 Olympics. The truth of the matter is that in China there is more innovation, technology, labor, financial capital and time (from people living longer) than ever before, and I expect these trends to continue regardless of how successful the Beijing Games are. Simply put: China’s booming economy is too hot to slow down after the Olympics have ended.

Here’s a sign of just how far China has come in recent years:

Over the past two months, Chinese investors have injected a significant amount of liquidity into the U.S. market by purchasing stakes in troubled Wall Street firms. Citic Securities, China’s largest stock brokerage firm, made a $1 billion investment in Bear Stearns last October, and China Investment Company bought a $5 billion stake in Morgan Stanley just last week! Just a few years ago, it would have been unimaginable for China to bail out two of Wall Street’s most established investment banks. But things are changing, and the Chinese government is now one of the wealthiest in the world.

As the Chinese economy continues to move from strength to strength, 2008 will likely be another great year for well-run Chinese companies like the ones in our China Strategy portfolio. Even after 20 years of incredible economic growth, there is still a lot of room for China’s economy to grow outside of the Olympics in industries like health care, education, insurance and agriculture. If you want to learn more about how to profit from these sectors, click here to get immediate access to my top picks in these areas.

I expect growth in these sectors to continue driving the China Miracle for years to come!

As this once-great land modernizes and shifts to a market-driven economy, the staggering economic growth taking place there will continue for the foreseeable future. The profit potential for investors who truly understand what’s happening inside China is equally staggering.

Are you interested in learning more about golden investment opportunities behind the 2008 Beijing Summer Games? Join China Strategy risk-free today, and I’ll bring you the latest news and developments from China on the Olympics. I’ll tell you how to profit from this extraordinary opportunity and which companies and industries to avoid. Don’t miss out!

Are you interested in learning more about golden investment opportunities behind the 2008 Beijing Summer Games? Join China Strategy risk-free today, and I’ll bring you the latest news and developments from China on the Olympics. I’ll tell you how to profit from this extraordinary opportunity and which companies and industries to avoid. Don’t miss out! p>


Article printed from InvestorPlace Media, https://investorplace.com/2008/01/investment_opportunities_of_olympic_proportions/.

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