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

To: RealMuLan who wrote (2805)	3/12/2004 7:35:55 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

The shape of life to come By Mike Steketee March 13, 2004 NOTICE how Australia is guaranteeing its future by plugging into the Chinese economic boom through huge natural gas and iron ore contracts? Fast forward to 2025. As predicted at the start of the century, China has become the world's second largest economy and is well on the way to catching the US. But in 2009 it formed a strategic alliance with a resurgent Russia as a counter to US dominance. China is buying its natural gas from eastern Siberia, not Australia, as part of an increasingly close economic relationship that leaves Australia scrambling for other markets. "To me it is a quite credible scenario," says Peter Jennings, until recently senior adviser on strategic policy in the Prime Minister's office and now director of programs at the Australian Strategic Policy Institute. But by no means a prediction, he hastens to add: "If you want predictions, try astrology." theaustralian.news.com.au