Investors all over the world are distracted by Chinese economic growth – or a perceived lack of it.
We recently learned that China finished 2015 with GDP growth of 6.9%, compared with 7.3% in 2014. That's a drop of less than half of 1%, but the negative headlines have done their damage.
But those same scary headlines that have investors so nervous are going to help you reap maximum gains from a Chinese sector that most investors are too worried to look into.
Because the truth is, China remains one of the world's fastest-growing major economies. It's expanding at three times the speed of the U.S. economy and six times as fast as the European Union's.
And the opportunity I want to show you today is in a sector that's growing even faster than that.
Let me show you…
An Unstoppable Economic Juggernaut
It's important to remember that worries about China started with a purely financial event, when the People's Bank of China guided the yuan lower to make it more competitive with the surging u.s. dollar.
China is still turning in enviable growth rates by Western standards. Automotive sales, for instance, driven by tax incentives jumped 18% in December over the year before. And that was the third straight month of double-digit growth.
Economists are predicting that annual retail sales growth rose some 11.3% in December, up slightly from the previous month's growth of 11.2%.
And over the long haul, e-commerce will do particularly well as the nation's population continues to move from rural areas to big cities and a tech-centric middle class rises.
Forrester notes that Chinese online sales, including those from mobile devices, stood at roughly $307 billion in 2014. By 2019, that figure will more than triple to $1 trillion.
Forward-thinking, profit-conscious companies all over the world are jumping on the growth China is experiencing now.