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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (70534)6/23/2022 10:53:08 AM
From: Spekulatius3 Recommendations

Recommended By
E_K_S
Lance Bredvold
petal

   of 78764
 
re China - it's not just that the Chinese economy is slowing down - the bigger issue is that their huge construction industry is slowing down. The Chinese construction industry uses a lot of steel, concrete and heavy equipment which is supplied by Komatsu, CAT and others. There is also a lot of energy used for all the above.

I believe the Chinese economy will need less energy , steel concrete and heavy machinery as it transition from capital goods to a more consumer led economy.
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