Take the advantage of weakening China's economy

There has been bad news no-stop for China in the past few weeks: weakening RMB (Yuan),  plunging of CSI, trade deficit which was unheard of in the past 10 years, first ever bond default from a solar company…… All of the evidence points toward one direction: the world economic engine is slowing down. I’m sure China is experiencing some rather serious difficulty in its economy. But as always the market is overreacting to the situation as if the world were close to its end. Well, actually this overreaction is creating a fantastic opportunity for those who have a long-term investment horizon. The world has a habit of not ending and China will come back. You can be sure for it!  If you believe so, you should buy the mining companies producing raw materials important for China.  One of the best is probably Southern Co (SO). It is a very stable utility/mining company with a 40+ years history of paying dividends non-stop. Thanks to the recent correction of the stock price, SO is currently paying a dividend of 5%. Buying, holding and reinvesting dividends will make you very rich over a long period of time with such companies. Take the opportunity to get some shares before it is too late.