In the currency market, the dollar rebounded powerfully against the euro. Late Tuesday, the euro was trading at $1.2507 vs. $1.275 on Monday. With no new economic data on offer, and the bond markets closed in observance of Veterans’ Day, things were subdued on the currency front.

Money Morning Investment Director Keith Fitz-Gerald is currently leading an investment trip through China, taking in that country’s culture and scenery, as well as its investment opportunities. Here is Part III of a short series detailing his observations and discoveries.

China’s growth is no longer breaking news. It becomes exceedingly clear that China is going through a period very similar to what the Western world saw at the turn of the 20th century.