Is China Still a Monster Growth Story Here?
May 8th 2012 9:08PM
Updated May 8th 2012 9:12PM
The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor and analyst Austin Smith discusses topics around the investing world.
With China's "slowing" growth, many investors are looking at domestic companies with big international bets and wondering whether China is still the same growth engine it's been heralded as for the past few years. The answer is yes, but the growth isn't as universal as it may have been five or six years ago. Instead, China's economy is shifting toward more consumer-facing companies. This trend will continue to benefit the likes of McDonald's and Starbucks, but it may not be the best for companies such as Caterpillar.
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At the time this article was published Austin Smith owns shares of McDonald's. The Motley Fool owns shares of Apple and Starbucks. Motley Fool newsletter services recommend Apple, McDonald's, and Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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