Or, Maybe Not

Having posted some negative views of the economy of China, here is a quite positive one in the Investor's Business Daily. They say:

The world’s third-largest economy is back to double-digit growth while much of the world still steadies itself. (snip) The latest IBD 100 list of top-performing stocks boasts an amazing diversity of Chinese ADRs. They include a Web search giant, an auto parts maker, a hotel operator, IT outsourcer and more. As you’ll see, they’re near the top of the IBD 100.

That sounds very positive to me.