Why you HAVE to own Alibaba & TenCent for the china consumption opportunity

This new era in Chinese shopping offers a glimpse into the likely future of retail around the world. More than $413 billion of goods will be sold through social e-commerce in China by 2022, an almost fivefold increase from $90 billion in 2017, according to researcher Frost & Sullivan.

We live in the U.S. and 72% of our GDP comes from consumer spending - you HAVE to have a dedicated allocation to this theme in your portfolio.

NOTHING IS MORE PREDICTABLE THAN A CONSUMERS PROPENSITY TO SPEND

There’s an even bigger opportunity: China consumer spending. Even bigger, Asia consumer spending. Shopping and paying for merchandise is completely different in China/Asia vs the U.S. Knowing that, you have a leg-up on how to make money investing in the winners. There will be lots of winners but 2 of the biggest are Alibaba (BABA) & TenCent (TCEHY).

Here’s the link to a great article from Bloomberg on the spending that happens, how it’s done, and how you pay…Hint, it’s all mobile and social! Click the link to read this great article: https://www.bloomberg.com/news/articles/2019-04-24/china-s-gen-z-skips-the-stores-and-shops-on-social-media

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