BLACK CHINA BLOG >> China Economy


This article comes from Reuters. November 4, 2009 – 3:30PM The World Bank on Wednesday raised its forecasts for Chinese growth this year and projected a slightly faster pace of expansion in 2010, but it said Beijing did not need to embark on major policy tightening at this stage. Gross domestic product will increase 8.4 […]

By: Paul Adkins | Read More

The following article concludes that China’s need for coal is good news for Australia, but the global implications also bear considering. JOHN GARNAUT November 2, 2009 Australian coal to China has jumped dramatically, and natural gas and uranium will soon follow suit. THE first Australia-China export and investment boom was almost entirely about metal, particularly […]

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By Bloomberg News Oct. 26 (Bloomberg) — China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domestic consumption following an economic recovery. Purchases rose 7 percent to 12.55 million metric tons last month from August and were more than triple what the country imported a year […]

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This story comes from Bloomberg and Reuters.   The announcement today comes as absolutely no surprise to us. China’s economy expanded at the fastest pace in a year as stimulus spending and record lending growth helped the nation lead the world out of recession. Gross domestic product grew 8.9  per cent in the third quarter from […]

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Here is an article from today’s China Daily.   With a somewhat better outlook for oil refineries, we can expect to see increased amounts of green coke produced, which will probably lead to easing prices.    As it is, prices have been easing recently, partly due to the imported quantities.   More in the upcoming weekly market review.   […]

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The following article appeared in yesterday’s Fairfax newspapers in Australia.   It is written by a journalist I know and respect, though I think his sub-editor doesn’t realise that copper is not made in an aluminium smelter.   Although the article gives an Australian perspective, it is instructional for us all.   Is this buying spree a sign […]

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