They want their house prices to go down. So when you see the Chinese house prices dropping, it is a positive sign!
It's what they want! Short sellers like Jim Chanos don't understand that.
They have a different agenda. They misunderstand China's strategy. They are short sellers of the stocks of Chinese companies so they can make huge profits from talking China low.
They are 50 to 70 years behind the United States. So you don't have to be too smart to see there's great opportunities to make successful business and investments. So the next time you see a container ship or tanker, think of the growth stories its contents can tell you. Prior to joining CNBC, Lori Ann was an anchor, reporter and assignment editor in various local news markets around the country. Email me at bullishonbooks cnbc. Sign up for free newsletters and get more CNBC delivered to your inbox.
Shipping: Globalization’s Lifeblood
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Dynasties of the Sea I: The Shipowners and Financiers Who Expanded the Era of Free Trade
Shipowners from around the world discuss, what drove them and their businesses, what grand passions and ambitions fueled their innovation. What skills defined their leadership and their dogged determination to be the engine which carries the goods that opened once closed and backward markets. The book tells the story of the pioneers behind the great behemoths which ply the seas carrying the raw materials from Australia, Brazil, oil from the Middle East and Africa to China, Europe , the United States and the finished goods in every electronics store, grocery and clothing mall around the world.
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Connectivity is the backbone of modern maritime operations as ships and boats at sea increasingly become connected. We recently…. The prize is…. Konecranes, which specialises in the manufacture and service of cranes and lifting equipment, has appointed a new president and CEO….
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