prospects are undeniably stronger than those in the United States or other developed international markets. Current Chinese sell-off will likely spark some healthy short term profit taking only. I expect the Chinese economy, which grew 11.1% in the first quarter, to remain strong as momentum builds leading up to the 2008 Summer Olympics.
But, where to put your money?
PTR Petrochina, company’s potential in oil and gas reserves, and stable production with help from a recent discovery in Bohai Bay.
PTR is top holding #9 in my energy sector fund
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