27-12-2010, 11:32 PM
In economics term, I could put this as defense spending in the coming years by China military industry.
If anyone has investments in Lockheed Martin, Boeing or the likes, well.. China is gonna to be a tough competitor soon, esp. to the 3rd world countries customers. Watch out for the earnings growth.
The defense industry is termed as a defensive sector, so some investors do rotate their equties allocation to defense industry during recessionary period.
PS: I don't think these photos look photoshopped to me. But given China's counterfeit history.. I am abit wary though.
[Image: niqsi.jpg]
[Image: j20prop.jpg]
[Image: j20-1.jpg]
[Image: j20-2.jpg]
[Image: 23hm914.jpg]
[Image: j20-9.jpg]
If anyone has investments in Lockheed Martin, Boeing or the likes, well.. China is gonna to be a tough competitor soon, esp. to the 3rd world countries customers. Watch out for the earnings growth.
The defense industry is termed as a defensive sector, so some investors do rotate their equties allocation to defense industry during recessionary period.
PS: I don't think these photos look photoshopped to me. But given China's counterfeit history.. I am abit wary though.
[Image: niqsi.jpg]
[Image: j20prop.jpg]
[Image: j20-1.jpg]
[Image: j20-2.jpg]
[Image: 23hm914.jpg]
[Image: j20-9.jpg]