StockGuru Blog: Genesis Technology – Steel Industry in China Experiencing Tremendous and Sustained Growth
Genesis Technology Group, Inc. (GTEC) creates value by partnering with Chinese companies that are on a clear growth trajectory. China has been showing GDP growth of 10% per annum for nearly 30 years and that is 11.1% GDP growth in the last quarter alone. Genesis Industries has just partnered with an important steel product company in China and their first order of business is financial transparency and accounting standards consistent with GAAP standards. China, the world’s biggest steel producer turned a net steel exporter last year, and exports of steel products have become one of the major contributors to the…