SubscribeAll Posts Tagged With: "chinois"
China Isn’t Increasing Oil Imports
Wow… Here is an act of entirely commendable proportions.
China is announcing to the world that it will NOT INCREASE OIL IMPORTS due to the impact of the recent earthquake swarm. How utterly, totally responsible of them!
Whoah! Say hello to oil price moderation, if not a slow retrenchment in oil prices. (Is the Fed listening?)
Actually, if this news gets the play it deserves the price of oil ought to sell off by $20 or so per barrel. This pops the bubble.
Seriously. Knock-knock. Who’s there? POP!
The initial energy-speculation on earthquake-related oil demand was based on the fact that hundreds of Chinese dams were damaged…
6Jun2008 | Energy and Oil | Comments Off | ContinuedTwo Ways to Profit as China and Japan Quietly Forge the Most Powerful Trading Alliance in the World
Chinese President Hu Jintao and Japanese Prime Minister Yauo Fukuda met recently and signed some modest cooperation agreements. That doesn’t sound much to get excited about, until you consider how well the Chinese and Japanese economies fit together.
Think of it this way: With China’s boundless supply of low-cost labor and Japan’s superb education system – and an ability to work together that’s clearly founded on considerable commonality of thinking – these two countries, as a pair, will be world-beaters.
In fact, they’ll be world leaders.
The Past has Passed
The summit – while modest – marked an important policy change from the mutual…
16May2008 | Money Morning | Comments Off | Continued
Loading ...
