BHP 3.18% $44.74 bhp group limited

dieharder, page-34

  1. 19 Posts.
    I want to keep this post relatively short so here goes...

    all of these comments about China's economy slowing after the Olympics would normally stand to be correct but like most things in todays economic environemtn this does not seem to be the case for China.

    In every olympic host country with the exclusion of Greece a minor economic slowdonw has occured post-olympic.

    But China is like no other.

    I live and work in Austrlia but my factories are in China. I know first hand that factories have closed down...worker are not showing up to work and major cities are standing still.

    The difference in china is that whilst production has halted durnig the olympics there orders and demand for the items they are producing have not... not by any standards.

    what is going to happen is that when the olympics are finished China will be moving forward at full steam ahead. The factories will be working around the clock to catch up on back orders.

    Whilst they may be "stock piling" now... that is only because they are not producing anywhere near what they were 3 months ago or 6 months ago...

    Productivity has slowed going into the olympics and as a resuilt they have more stock on hand.

    After investing $70 billion in the olympics China will not be standing on the side line...they will be expanding at a rate that we have never seen before.

    dont worry about china and dont worry about BHP.... BHP produced all of the Gold,Silver and bronze for god's sake!!!


    get serious guys~!
 
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