yea if chinese people stop wanting to buy cars :D
- 750 cars per 1000 people in US
- only 4 cars per 1000 people in China
- I would reckon india is even worse.
Imagine how they can slow down to 8%, of course exports will die but then their infrastructure and domestic will boom due to people wanting better lives and more access to cars and better living conditions.
Unless I am wrong, Rio has always been on the point with regard to their predictions about growth around BRIC.
Not sure I believe goldman after all the reports they have put out and I bet this quarter they will report a profit again.
PS just have a question, wonder why china is so interesting in aussie mining companies. :D
OXR
oxiana limited
