The worlds natural resources are going through a phase of structural repricing. IMHO base metals will never return to pre-2006 prices. All you have to do is spent half a day in China and half a day in India to realize that!
BTW, India is about 5 years behind China in terms of development so even if China starts to slow down in 10 years (which IMHO isn't going to happen either) then India will more than pick up the slack... and then there are Russia, Eastern Europe + Brazil. They are all starting to increase their demand for raw materials.
The China boom will last for 20+ years. Just look at Japan in the 60's... they started from a much higher base in terms of economic development and had a population of only 100million vs China with 1.3billion. Japan managed >10% economic growth through the whole 1960's... there is no reason why China can't achieve over 10% economic growth for 20+years given their population and their base level of economic development.
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