Tuesday, February 17, 2009

chinese cement plus china nyse players

http://www.caseyresearch.com/crpmkt/chinatrl.php?ppref=CSR052ES0209B

General Electric (NYSE.GE) has partnered with state-owned companies in China since 2001 – and just last year sucked $5.4 billion in cash out of China. And they’re hoping to expand that cash pile to over $10 billion by 2010.
Siemens (NYSE.SI) posted $8.37 billion in sales last year – and expects to reap an even bigger windfall from China’s cash injection, according to the Wall St. Journal: "Heavy government spending on infrastructure to boost economic growth has the potential to benefit Siemens…”
McDonald’s (NYSE.MCD) Not exactly high-tech… but the Chinese love the Golden Arches – to the tune of almost $200 billion last year – and Ronald and friends expect sales to grow an estimated 16% in 2009.

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