"as China buys our resources to make stuff to sell back to us"
Thats the thing! They aren't selling it back to us. The vast majority of it is being used to build internal infrastructure. A industrial revolution thats will be going on for a long time yet! Some say 20years although its speculative to what price levels resources will be at.
China all cashed up and are building for the long term and not just for tomorrow or next week.
If the US goes into recession it will effect China's growth by 1%.
"as China buys our resources to make stuff to sell back to...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$64.41 |
Change
1.000(1.58%) |
Mkt cap ! $12.48B | |||
| Open | High | Low | Value | Volume |
| $63.49 | $64.41 | $63.39 | $28.91M | 451.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | $64.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.43 | 629 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |