many readers reckon China will continue at 10%+ growth no matter how massive the increase in raw materials such as base metals, IO, oil and coal is.
More and more i am reading that China is experiencing massive cost pressure in inputs and as western economies decline they are unable to pass on increased costs. Many industries are now unprofitable including China's oil refiners.
From today's Bloomberg: http://www.bloomberg.com/apps/news?pid=20601012&sid=anFC_m4wxbXw&refer=commodities
china growth is price sensitive
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$68.07 |
Change
0.200(0.29%) |
Mkt cap ! $36.16B | |||
| Open | High | Low | Value | Volume |
| $67.77 | $68.17 | $67.42 | $17.55M | 260.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 161 | $68.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.08 | 151 | 10 |
View Market Depth
| Last trade - 14.19pm 29/11/2024 (20 minute delay) ? |
| ALL (ASX) Chart |
