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1 pt

GS China Trip

 Jun 13, 2007 03:49 PM UTC
Return Risk
-12.81% LOW
Associate

Graphic_arrow1 Via Ema's Market Blog:  

Export decline from China is encouraging; will the trend continue?China trip takeaways

Our trip to China last week revealed a steel industry that is apparently getting worried about increasing exports. Chinese mill executives are giving signals that they want to avoid offending the government that seems very determined to control outflows of steel. This reflects a desire to limit overproduction by energy-intensive sectors, especially those that do not have any significant competitive advantages versus other global players, like steel.




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