Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Do you believe official Chinese data on economic growth? No, neither do I. But you are seeking a reliable indicator well here it is - growth in the sale of lavatory seats. I kid you not. A leading broker explains.
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Comments
turbograndad
No doubt they will be flushed with success, argggggggggggg.
Duck and Dive
I need more visibility on the squatting method. Don’t most Chinese pee at the same time as they take a dump? That being so, what proportion of the pee misses its intended target? Or is it ok to pee anywhere in the vicinity of the toilet? And does size matter?
KANGAROO
But surely as a China bear (I don’t mean a panda) you’d expect luxury goods like loo seats to be going down the pan :-)
Striebs
Apparently , 30 years ago , diabetes rates across China were only about 1% .
Fast forward to today and apparently 10% either already have it or are at high risk of developing it .
It’s progress of sorts – and a business opportunity .