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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (1950)12/13/2003 11:13:30 AM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
China Will Drive Global Metal Market Prices




Business Day (Johannesburg)

ANALYSIS
December 12, 2003
Posted to the web December 12, 2003

Hilton Ashton
Johannesburg

SA and other top producers need to heed trends in east's fast-growing heavyweight

IN THE western world we do not read enough about China. But it is about time that everybody (military strategists, political analysts, economists and metals analysts) interested in forecasting the future direction of metals and mineral prices as well as exchange rates, sit up and take note of what is going on in that country.

Visit AllAfrica's photoessay "HIV in Nigeria: Living on the Edge" by Nigerian photographer Jide Adeniyi-Jones



China has grown about 9,5% a year since 1990 while the rest of the world has grown 3% a year, with the result that consumption and imports of most metals and minerals by China has escalated substantially in the past five to 10 years.

allafrica.com