Thursday, 3 May 2012

When China wakes up, the world will shake


 The above quotation which is attributed to Napoleon during his exile at St Helena is almost 200 years old. It was an extremely prescient view and certainly resonates today.

During the last decade we all saw the results of the dynamic Chinese export programme as goods poured into the US and EU markets.

There has been a marked step up in acquisition of assets following the recent economic problems particularly in the US.

However there is another factor emerging as China steps up its demand for raw materials particularly agri commodities

 In the past week US Grain Exporters sold 2.84 million tonnes of Corn to China. Everything from grains to soybeans is being shipped to China, as we’re seeing an emerging middle class. Demand is very much there.”

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