Yes, it is sustainable because the stock market looks forward. China's goal is to overtake the US in tech (AI, chips), and money is flowing there, not to consumers. The government prioritizes tech growth over consumer revival.

No. Reviving the economy requires pushing the consumer sector like the US, which won't happen. Emphasis is on industry/tech, which won't show immediately in GDP. Past 7-8% growth is gone due to older, smaller population.

Yes, avoid property and consumer sectors. The tech sector is different and where to look. The macro picture is not a good indicator for China investment.

People are diversifying from the US because it has done so well. They are shifting to international markets like China, India, Korea, Taiwan.

China is not doing too well in Latin America (e.g., Venezuela), but is a major exporter there. Growth will be in tech, and the US will still buy Chinese goods.

Vietnam and Taiwan look good. Brazil is a question mark due to political change.

They're doing fine but not exciting. Their export push hasn't been good, and government structure limits focus. Vietnam is better due to government support for tech and exports.

Precious metals have gotten too hot and are very volatile. Many arguments for them to go higher are linked to a weaker US dollar, but the dollar could turn stronger if US GDP growth improves this year, making metals unattractive.

I would not buy at this level. Maybe 20% lower. It might be a good time to take some profits.

About 20% in cash because markets are pretty wild and high.

Yes, the market is doing very well and will continue. I take a longer view. India has problems (bureaucracy) but still has 6-7% growth. Modi is trying to curb bureaucracy and open the economy, which will boost tech investment.

1) Huge young consumer market (1.2-1.3B people, mostly under 30). 2) Rapid employment growth in electronics. India has the capability to become a major semiconductor producer to catch up with China and the US.

Many semiconductor startups aren't listed, so exposure is difficult. Look at software companies (chip software is already produced in India) and companies assembling/manufacturing consumer electronics that are moving upstream.

1) Incredible size. 2) Huge population. 3) High capacity to absorb global tech due to English-speaking, educated elite. States compete, creating a very open and prosperous economy.

The Modi-Trump situation is not as bad as it looks; it's bargaining. Indians are terrific bargainers. Trade with both the US and China will do well. Manufacturing is transferring from China to India, which is exciting.

Yes, 20% now, potentially going to 30%. Within that, we are diversified across many Indian industries.

Adani is a global infrastructure firm, but don't put all eggs in one basket. Look at other great companies, especially in software.

Look at the consumer sector (retailing, consumer goods) as most exciting now, then move into consumer technology.