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How Sustainable are China's Copper, Cotton, Steel Imports? Fresh Thinking on Balance of Payments - Mish - Global Economic Analysis

Property prices in australia went UP 1% last year.
Rents are high and its difficult to find a rental property
Chinese interests recently purchased a HUGE cotton interest in Aust.
There have recently been very good reports with regard to australia's continuing export of minerals.
There is also a budget surplus.

The only burnt toast around here is the current socialist government which will be out on its ear at the next election.

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Beginning of the headline :Inquiring minds as well as commodity bulls need to consider the likely economic impact of China's commodity imports and how sustainable those imports are. For example, please considerChina’s Cotton Reserves Enough to Meet Deficit for Six Years Cotton stockpiles in China, the world’s biggest importer, are set to climb to about 9 million metric tons this season, enough to cover the country’s deficit for the next six years, according toAllenberg Cotton Co... Read More

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