The popular place to invest these days is Asia, more specifically China. For any high net-worth individual or business with capital in the western world, it seems their best bet is to bring it to China for the safest returns. That is a given. But what is not so well-known is the different options on offer and how the East can invest in the West.
Thus last Tuesday a conference at the Washington Post on business opportunities in China was held to discuss issues on American-Chinese economic relationships and how the West should use the East’s interest in making its investments in America. The West needs to be careful about investments made there, striking a balance between being open and protective at the same time.
Whatever happens next though, it is clear that the interest between east and west is not minimizing though. Right now there are approximately 20,000 Americans studying China and 130,000 Chinese studying in America. Clearly bonds are developing between the two countries…east is meeting west.
There have been many investors and successful business leaders who have understood this need for a long time now. General Motors (GM) has been making impressive investments more in China than in America. GM sold more cars in China than at home while not sending any cars back from China to the US. So it’s happening. East is meeting West and vice versa at increasing speeds.