Evidence That The Crash Is Near—-Chinese Companies Exporting Massive Capital On Global Shopping Spree
Globally outbound Chinese M&A activity is closing in on its full-year high. Chinese companies have spent $102 billion to buy companies outside of its borders, just shy of its full-year record set in 2015 of $106 billion, according to Dealogic.DYI Comments: The Chinese are buying into 1st world markets that are massively overvalued, Canadian, Australian, New Zealand, London England real estate, U.S. stocks and bonds are prime examples. This is so typical when a market top is formed by foreign buyers coming late to the party only to end up with staggering loses when the bottom falls out.
The Great Wait Continues...Better Values Lie Ahead for the Patience Investor!
DYI
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