ChinaDailyNews, July 2011
THE FREIGHT TRAIN THAT IS CHINESE OIL DEMAND….
...like the China story. I’ve consistently harped on the fact that the US economy is no longer the engine of growth in this cycle. Back in early 2009 I wrote: “For a long time the world economies have played second fiddle to the U.S. You often hear “when the U.S. sneezes the world catches a cold”.
A summary of other interesting news for the month of July please is here.