Is the end of the mining boom near? They think so in Australia. That means that Australians think China’s soaring imports of metals may be ending. Here’s why.
China is the most important economy in the world. It’s much smaller than the US’s but it’s growing much faster. It’s the growth engine behind Asia. And it’s the factory to the world. Without China there’s no commodity boom, no high oil prices, and no tech rebound. It is the single-most important
The IMF said that the US’s economy and debt will continue expand. Is this good or bad news?
A half year ago Jeffrey Immelt, the CEO of General Electric, was bitterly complaining about the Chinese government’s lack of cooperation with GE and other Western companies. Now he’s singing their praises. Did somebody take Immelt out to the woodshed?
I’ve been saying for the past year that it’s much easier to slow down a surging economy than to resuscsitate a dying one. Now, the less nerve-racking focus will be on what China will do about its emerging inflation threat…
Just say it and be done with it: By 2050 China will have surpassed the US and every other country in everything. Yep everything…
