Feeding The Dragon: The Implications Of China’s Resource Binge
The first in a series of podcasts looking at the implications of Chinese credit line extensions to emerging markets, in return for resources. This podcast focuses on the role of the recent inventory build up and future oil supply procurement by Chinese firms on global commodity markets.
June 1st, 2009 at 9:15 pm
The Chinese are very aggressive about oil mand minerals. They are doing a good job of making sure they have an ample supply of both in the future. But they will need it, the West still has the advanced technology and is smart to know that oil id a dying source of energy. Let’s hope that the Western countries have already switched to fuel cells, etc. and China has to manufacture and run an economy based on fossil fuels in their “new” economy! Keep that research going!