3 Chinese Tech Stocks to Buy Right Now
Ongoing U.S.-China tensions have soured many investors on Chinese stocks, but before you write off the entire country, note that many Chinese tech stocks have delivered market-trouncing gains over the past decade. As China's two billion-plus citizens enter the middle class, it seems as if China's GDP is still set to outgrow the U.S., and most of the world, for the foreseeable future.
Top Chinese tech stocks also enjoy protection from U.S.-based competition within China, allowing these companies to grow steadily within the country. However, that's also part of the reason tensions are high between the U.S. and China right now.
Nevertheless, the opportunity within China and southeast Asia alone remain enormous, and, whatever one thinks of their government, many Chinese tech companies are doing some amazing things today. Here are three Chinese tech stocks that look like great buys today.
Source Fool.com