China economic data for July | ETG:CA Message Board Posts


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Msg  16082 of 16803  at  8/15/2022 2:13:57 PM  by

countrygent


 In response to msg 16081 by  marpincan
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Re: China economic data for July

They promised their shareholders greater distribution of their pipeline projects with a particular focus on copper.

The silver lining in the temporary disruption/inflation/commodities pinch sparked by Putins gambit in Ukraine is it will redouble clean alternative energy projects in the Eurozone and North America. The low-hanging fruit of Chinese trade and growth will rotate - there are very big potential markets in Africa, Asia, South America Xi played it too cute over Ukraine and funnelling foreign exchange and dollars to Russia will reduce the attraction of dealing with China.

Copper longer term is better than gold, better than oil. Everybody and their uncle will want some.

Hang tough.

cg


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