An interesting investment idea but one that has yet to be profitable for us is long dated in the money call option on the FXI. The large cap China ETF is where it was in 2007 while US markets have nearly doubled.
“The China growth story is going to be the story of the next 30-40 years,” Blankfein said in an interview with Bloomberg Television’s John Dawson from Hong Kong while attending the Goldman Sachs Global Macro conference. “We really need that growth in China to occur.”
via Blankfein Says China’s Expansion to Have ‘Huge Consequences’ – Bloomberg.