PLS chart, page-18224

Chinese economy is in trouble


They are selling hugely subsidised vehicles to the rest of the world to try and create jobs at home

As opposed to enormous building projects at home, they are flooding world markets with el cheapo Chinese crap cars

Why - this generates exports for China and gets them even more foreign currency


The problem


Like their massive infrastructure build of recent years - it simply cannot continue for ever


Result

China will use up all its Li reserves by flooding world markets with cheap rubbish that will only last a few years and people will start buying from elsewhere


End result

There will be a huge increase in demand from non-Chinese manufacturers



Here ends the rant on Lithium 101