John Findley Blog

(Note: John is currently in China on a two-month work trip, travelling widely across China. This is his latest update from ‘on the ground’ in China)

The Chinese 7 per cent growth is outstanding, but it is likely that it will be resourced internally. There are indications that the mega construction boom is tapering. The China growth will be in tourism, domestic consumption, etc. The local market can supply the demands of those industries. That will reduce the need to import resources such as Australian iron ore. Reduce, not eliminate. More...