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
many readers reckon China will continue at 10%+ growth no matter...
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