Posted by Matt in June 26th, 2008 |
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Published in
China,
Energy,
Asia,
Australia,
Brazil,
China Exports,
China Steel,
Energy Prices,
Gasoline Prices,
Iron Ore,
Shipping Costs,
Spectacular Way,
Steel Exports,
West Coast,
World Oil Price
Asia’s troubles are about to get a great deal worse, because Asia is becoming a victim of the rise in energy prices in an even more spectacular way than higher gasoline prices.
Consider, for example, why it is that China’s steel exports to the United States are dropping at a rate of 20 percent this year. [...]
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Posted by Matt in May 29th, 2008 |
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Published in
Brazil,
China,
India,
Russia,
21st Century,
Asian Giants,
Brazil,
Bric,
Bric Countries,
Copper,
Economic Leadership,
Food Staples,
Gas Iron,
Grab,
India China,
Iron Ore,
Materials Into Finished Goods,
Natural Gas,
Population,
Rare Metals,
Raw Materials,
Russia,
Target,
Undisputed Leaders
The BRIC nations (Brazil, Russia, India, China) are emerging as the new powers destined to inherit world economic leadership by the middle of the 21st century.
With China and India combined representing more than one-third of the world’s population (2.4 billion) and undisputed leaders in converting raw materials into finished goods, these Asian giants are headed [...]
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Posted by Matt in May 6th, 2008 |
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Published in
Australia,
China,
Ascendancy,
Australia Open,
Billions,
Chinese Dragon,
Coal,
Desert Camps,
Dragon,
Dusty Desert,
Economic Boom,
Fly,
Insatiable Appetite,
Iron Ore,
minerals,
Mining Engineers,
Raw Materials,
Signs,
Stock Exchange,
Truck Drivers,
Unease,
Unemployment
It has fuelled a 17-year economic boom in which truck drivers can earn £60,000 a year, property prices have soared and there are not enough pilots to fly desperately needed mining engineers into dusty desert camps.
Australia is growing rich from China’s insatiable appetite for raw materials, selling billions of pounds worth of iron ore, coal [...]
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