Descent into Jiuzhaigou, China

Last week was tough for the markets.  This morning, futures are pointing higher and generally speaking, the markets are looking to stabilize.  At least in the short term.  Like I said last week, when the markets are all over the place, I like to turn my attention overseas.  So I’ve decided to start the week off by writing more about my experiences here on the ground in China where I’ve been for the last two weeks. 

Today I’m writing about a remote area of Western China where the main business is tourism.  This growing industry in China is a sign of a rising standard of living.  The fact that many Chinese from the developed coastal cities are venturing inland to explore their own country is a positive sign of economic growth.

A few days ago, my wife Carrie and I arrived in Jiuzhaigou, China. The elevation at the airport is 11,500 feet, and on final descent from Chengdu we were able to see snow covered mountain tops. We landed at the region’s airport, a two mile long man-made plateau.  To say it was interesting would certainly be an understatement...

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