[CHART] Why You Can’t Afford to Miss China’s Tech Boom

You’ve probably already heard China is one of the hottest places to invest in right now. But the reason why might come as a surprise.

I’m not talking about the same reasons for investing in China you’ve heard repeated for years.

China already has the world’s largest economy when you factor in population size. It will be the largest economy outright in just a decade. Its 6.5% GDP growth is triple that of the United States’.

That’s all true, of course, but there’s an even better reason.

This catalyst is isolated from the trade war too, so you don’t need to worry about tariffs or any of the back and forth with Washington.

Plus, it could fuel the sort of growth that could double your money in just a year.

And that’s just the beginning…

China’s Internet Boom Is Unparalleled

The Internet has kicked off a tech revolution in the United States.

FANG stocks like Alphabet Inc. (NASDAQ: GOOGL) and Apple Inc. (NASDAQ: AAPL) have rocketed higher thanks to their pioneering use of the Internet. Apple is already worth over $1 trillion, and Alphabet very well could be next.

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That’s not to mention the hundreds, if not thousands, of other companies who’ve made a fortune from the Internet.

Smaller companies from eBay Inc. (NASDAQ: EBAY) to Expedia Group Inc. (NASDAQ: EXPE) have harnessed the Internet to make their shareholders a fortune.

Now, this same Internet revolution is just getting started in China, and it will be much bigger than what happened in the United States.

Take a look…



There are more people connected to the Internet in China than the entire populations of the United States, Russia, Japan, and Mexico combined.

And while China has three times more active Internet users than the United States does, it’s still in the early stages of harnessing it for economic growth.

China’s e-commerce industry could more than double in size between 2017 and 2022 according to Statista.

That’s great news for investors who get in on this massive Internet boom right now.

In fact, one of our investing experts predicts it could make you a millionaire…

How to Play China’s Internet Boom for Life-Changing Wealth

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Alibaba Group Holding Ltd. (NYSE: BABA) is simply one of the best tech stocks you can own right now.

Now, Alibaba might not exactly be flying under the radar. But its potential to return life-changing wealth to its shareholders is unmatched.

Money Morning Executive Editor Bill Patalon calls Alibaba the “Single-Stock Wealth Machine.”

And he’s right.

Just like Amazon.com Inc. (NASDAQ: AMZN) here in the States, Alibaba’s reach stretches across just about every market you can think of. Alibaba is using the power of the Internet to revolutionize everything from grocery shopping to banking.

Even with 575 million active online shoppers on Alibaba, they still have room to grow. As the chart above showed, China has over 800 million Internet users and counting. This revolution is still getting off the ground.

Alibaba’s goal – what it calls “Uni-Commerce” – is to create a single point of access for consumers to shop for anything. By leveraging Big Data to understand and anticipate its users’ needs, Alibaba can connect customers with the products they want instantaneously.

The end result is retailers, advertisers, and customers all working through Alibaba. Imagine 800 million Internet users shopping, paying, and advertising through one gigantic platform. The potential is off the charts.

Plus, Alibaba’s stock is a steal right now, too.

It trades at just 46 times earnings, which means if it grows to match Amazon’s P/E ratio of 91, its share price could double.

Wall Street analysts are already giving Alibaba price targets as a high as $280 over the next 12 months, which is nearly double its current share price of $146.10.

But Bill says that’s just the start.

“Every single share of Alibaba stock you buy today for $163 will be worth $2.1 million four decades-plus from now,” Bill projects.

That’s incredible.

And you don’t have to take his word for it either – just take a look at his track record…

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