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Look Out Below as China Closes its Wallet
China’s relentless growth hasn’t revived the global economy, but it has helped the shares of many resource companies rebound far more than market averages this year. But the party may be coming to an abrupt end.
China has been on a resource-buying binge, scooping up world supplies of oil, [...]
Posted by Jim Trippon on Tuesday, July 7, 2009 at 10:49 pm
Filed under Stock Recommendations · Tagged AAUK, Alcoa AA, Aluminum Corporation of China, Anglo American plc, BHP, BHP Billiton, Brisbane Times, caijing, China Markets, china stock, china stock digest, china stock market, FCX, Freeport McMoRan, Investment China, jim trippon, metallurgical department of the powerful National Development and Reform Commission, NDRC, Rio Tinto, RTP, Yu Dongming
