What needs to be discussed here is the impact of the US economy on China's attempt to industrialise - if China can insualte itself from the US with domestic demand then we may enter the resource supercycle - gdp in CHina is down from double digits but the fact is its still growing
If decoupling can occur from US the world econcomy is back on track , we will begin to take the lead from a new superpower but stability and volaitility will be rife
Strange positon to be in at mo, as a strong moaner of informing the market , i think i'll change my stance for a few weeks and pray that any ann on bauxite deal from steve will be later rather than sooner
MKY Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held