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China Bubble Burst
Posted: 4 December 2009

I have attended 2 of Clem Sunters talks related to the dramatic Chinese excursions into Africa, and elsewhere some very subtle and others more overt! This is another interesting perspective!

MindBullet logo THE CHINA ASSET BUBBLE BURSTS
Could huge stockpiles and low internal demand be the sign that the party's over?
Dateline: 12 October 2011
It was in late 2009 that the Chinese economy seemed to be going back to 'business as usual' - a return to 9% - 10% growth was being predicted. Demand for commodities such as steel, cement and aluminum would escalate and plants could return to the normally high levels of output. Well, that was then, and this is now. It turns out that for China the financial crisis is not over after all. Its ...
 
Doug Vining I think the Chinese excursions are part of a longer term strategy and agenda, but the asset bubble is a current issue which could disrupt China's recovery and growth.
Posted: 4 December 2009 at 09:30
 
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