China world expansion , China buying the world
A special in depth show focusing on china and its hunger for businesses and resources all over the world.
The world follows closely the US policies and wonders if Washington's economic plans will be misguided and result in a weakened US dollar.
Facing the danger of becoming exposed to inflation and therefore running the risk of jeopardizing the value of its assets, the Chinese government has decided to use the dollars to invest in natural resources, land, real estate and companies.
In the second quarter of 2009, Chinese imports of iron ore rose 41 per cent, copper by 140 per cent, coal by 300 per cent and aluminum by a whopping 400 per cent.
These are astounding and, even in historical terms, unique numbers regarding natural resources.
These imports are paralleled with attempts to invest in foreign companies such as the state-owned Aluminum Corp. of China bid for Rio Tinto, the Australian mining giant.
But negotiations derailed in June when Rio rejected the $19.5 billion offer.
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al jazeera english counting the cost china business Kyrgyzstan Africa lauren taylor
What cost? Everyone love free stuff of course. But nothing is free. Would their living is better off had China never gone there? I think people are jealous of the Chinese. No matter what you do, some people won't be happy and complain anyway.
ReplyDeleteKey point is mutual benefit. You are OK and I'm OK.