Ann: SARCO Present at Global MINE Show in Sydney , page-24

re: Ann: SARCO Present at Global MINE Show in... >"The declining state of the Chinese economy"


China has a gigantic population which in the past was predominantly poor because a great deal of the Chinese own farms and farmland.

The interesting part about this is that the Chinese government are now giving the farmers a great financial incentive to take over the land to enable the larger crop growers to use the land to grow crops themselves.

Much of the land was not being utilised properly in any case.

This is now enticing more and more poor ex farmers to move to the city to start corporate jobs on much higher incomes.

This is causing inflation.

The Chinese economy will most likely outperform most others in the long run.

The Chinese are in great need of Aluminium.

I agree that there will be fluctuations in the state of the economy however it's not in the state of decline that some might imply on here and demand for these products will remain high.