A shallow read. Lacks days points behind the narrative. For example - FRB - it says china lowered the limit of 10%.. where top banks stand? What is their FBR at present? Is similar FRB in any other top countries? How long this limit is in lower range?
Sort of off-topic, but related & maybe one you can answer. I don’t understand how China has been able to raise funds to buy up so many of the worlds mines & resources - saw an article recently which said China now controlled 90% of the global resources needed to make battery metals.
Obviously they are an exporting economy which will help, but has questionable currency / central bank policy & reporting been a tool?
Central premise here is that mining Goliath’s on the nyse & Lse have been consistently out-bid on mining projects by a country, which, until very recently, was receiving foreign aid from the west.
I’ve seen your video on the state of the Chinese economy, but I appreciate this thorough breakdown. Thank you Graham :)
Thank you for covering this topic Graham! Really informational and worth the read! <3
You are welcome :)
A shallow read. Lacks days points behind the narrative. For example - FRB - it says china lowered the limit of 10%.. where top banks stand? What is their FBR at present? Is similar FRB in any other top countries? How long this limit is in lower range?
Nice Analysis! Thanks so much
Nice Analysis!
As per other comments, this is excellent.
Sort of off-topic, but related & maybe one you can answer. I don’t understand how China has been able to raise funds to buy up so many of the worlds mines & resources - saw an article recently which said China now controlled 90% of the global resources needed to make battery metals.
Obviously they are an exporting economy which will help, but has questionable currency / central bank policy & reporting been a tool?
Central premise here is that mining Goliath’s on the nyse & Lse have been consistently out-bid on mining projects by a country, which, until very recently, was receiving foreign aid from the west.
When might China “pivot” — clearly they need to stop supporting the Yuan and encourage growth at all cost somehow?!