Sept. 28 (Bloomberg) -- Investors should buy shares of global companies selling to the Chinese consumer instead of mainland equities to take advantage of growth in the economy, Goldman Sachs Group Inc. chief economist Jim O’Neill said.
“It always depends on the relative price because you have this huge rally in Chinese and other emerging markets’ stocks this year,” he said in an interview with Bloomberg Radio. “Find a basket of the 50 best brand-name companies in the U.S. and Europe, obvious names, and think about the ones that are really focusing on developing in Asia, and off you go.”....
