The Black China Blog

Watch out for your copy of the latest Black China Report, which was published today.

This month’s report includes a special section which looks at the Chinese coal industry, as well as the Chinese’ Government’s strategy for urbanisation.

In the current market turmoil around the world, all eyes are watching to see what the Chinese Government will do. Will it protect its foreign reserves, estimated at more than US$2 trillion, by continuing to prop up the US Banks. Remember it was China that bought many of the bonds that were issued to cover Freddie Mac and Fannie Mae, as well as its investments in several other US banking companies. Or will China use its massive reserves to pick up bargains around the globe. With its huge appetite for raw materials, grains, energy and other scarce resources, will China act now to lock in assets for its future?

The answer lies ahead of us, but here at AZ China, we will be watching and reporting as events unfold.

We will post news items as they come to hand.

Not a subscriber to the Black China report? Contact us at blackchina@az-china.com to find out more about becoming a subscriber.