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I saw an article this past summer stating that China has gained control of the natural resources in most, if not all, of Africa.
If this is so then there isn't much left to invest in, is there? |
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Yeah it is right. The Chinese have about 40% share in the oil fields of Africa. They are also taping natural resources in Latin America and trying to secure raw materials to fuel their massive economy.
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China is becoming the biggest player on the planet very very fast. Watch US dominance crumble and China taking over big time.
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"Premier Wen Jiabao says that China wants to “strengthen macroeconomic policy dialogue” with the U.S. The Stock Research Portal says: “This strikes me as a clear and positive signal that China, for the time being at least, wants to work cooperatively with the U.S. to ‘get the world economy going again’ -- at this point in time in China’s economic development this only makes good sense to me.”
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Chinese stocks ran up to a four month high after the government said that it would aid the equipment manufacturing industry. Also the run up came on expectations that the demand for domestic products will rebound.
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Oh I didn’t know this, so China would be a great help to the economy. The government of China should cooperate in the US government. I hope countries will help together to bring the economy back to good.
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Lets just hope the US can maintain its relationship with China - we need them much more than they need us
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