resources demand, page-14

rcman
Their Chinese, I doubt the wages will increase to much.LOL
No, IMO what will happen is there will be a correction in the
property market which should take the wind out of sales for
little while.
But who knows what will be going on with the rest of the world.
The point I am trying to make is the real problems are a long way off.

I am absolutely convinced we are at the start of another boom.

Premier Li Keqiang in Germany
“Enterprises need to close down backward production and upgrade
their industrial structure, and should not expect further economic
stimulus measures by the government,”

Meanwhile back in the homeland monthly average social financing is at
historic highs.

If the Chinese government wants loans to reach the real economy,
it’s going to get it. It controls the banking system and key players
in vital industries.
The real explanation for increased loans and money supply not reaching
the real economy in China is that there is normally a six month lag effect.
For instance, the first quarter of 2009 stimulus didn’t result in a rebound
in economic activity until the third quarter of that year. Given much of
the recent stimulus came late last year, you can probably expect a rebound
in economic growth from mid this year."Forbes"