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John Daly

John Daly

Dr. John C.K. Daly is the chief analyst for Oilprice.com, Dr. Daly received his Ph.D. in 1986 from the School of Slavonic and East European…

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China Wind Power - Good Time to Invest?

With the ongoing financial turmoil in western markets nervous investors are looking more and more to overseas opportunities in order to protect their capital and few markets are more alluring than China.

A potential consumer base of 1.4 billion consumers, all of whom would like their lights to be on 24/7, what's not to like, as the economy booms along despite the global recessional that began in 2008.

Accordingly, investors look to the Celestial Empire as a potential safe haven.

Given the turmoil in international markets, there are a number of problems involved in investing in China, not the least of which are government policies not only keeping the national currency artificially low to boost exports but the fact that Beijing prefers indigenous investment for sure-fire projects, relegating foreigners to the riskier realms of seeking a slice of the Chinese pie.

The good news?

Investors with good digestive systems have the option of considering China's voracious energy market.

Case in point - China's renewable energy market, in particular wind power, which currently provides less than one percent of the PRC's current needs.

One of the Chinese government's highest priorities is to diversify its energy utilization matrix, so as to safeguard the country's prosperity from potential unforeseen and unavoidable shocks such as conflict in the Middle East interfering with oil shipments from the Persian Gulf or regime change in Africa or Central…




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