On the Money: Bear in the China Shop

As you no doubt have heard, China is the world's biggest emerging market: 1.2 billion potential consumers for cars, TV sets, patio furniture, all the stuff we've already got. This is the era of global investing, it is said, and the sophisticated investor can't afford to ignore China, an exciting economy with a great future, because the most ardent capitalists you'll ever meet are the Chinese communists.

Taking the sophisticated route myself, I bought shares in a China mutual fund in my typical fashion: invest before you investigate. A recent trip to Hong Kong gave me the chance to do the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!