MRX 0.00% 0.7¢ matrix metals limited

China is building over 46,00kms of roads and bridges.The...

  1. 5,527 Posts.
    China is building over 46,00kms of roads and bridges.The olympics in Beijng ain't whats generating all this growth.The banking system has been fixed some-what in the past few years, more people these days there leave the farm and travel to the city to find work building factories and high rise complex's.
    China mines and uses more coal than us.We are the biggest exporter of it and i'd say most of it goes there and surronding nations.
    Not to mention India, they will be a slower growth story imo.China will outstrip the US in GDP growth, i think it is, very soon.11% China is growing at.The USD is weak and doesn't give such a decent return that's why the Aussie is giving better return, parity will be here soon and the aussie will sustain it long term imo.
    It's unbelievable how fast and big China is becoming.
 
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