With other Asian economies beginning to undercut China on the cost of goods sold to developed nations, such as sneakers and clothing, China’s future relies on it succeeding on creating stuff its people can buy and afford. As a country relatively poor in energy resources and suffering from widespread pollution, solving these two problems would go a long way to continuing the country’s growth. Chinese officials have laid out a road map to expand the domestic economy, move to higher technologies and cut reliance on exports. Everything now depends on execution. But in the meantime, it just means there are a lot more value plays to find.

-- Asia Times on April 20