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Australia’s Budget “Made In China”

A looming budget announcement in Australia highlights Canberra’s dependence on raw material exports to China for revenue, according to Reuters: Australia’s minority government will hand down its first budget next...

China’s Commodity Buying Spree

From the New York Times: Strong buying by China has helped lift commodity prices around the world this spring, but growing evidence suggests that a sizable portion of this buying has been to build stockpiles in China, and may...

China Goes on a Smart Shopping Spree

Beijing is spending from its $2 trillion worth of cash reserves to acquire commodities — from olive oil to crude oil — at bargain-basement prices. From Time Magazine: China’s growth rate may be slowing in...

Jim Lobe: The Hungry Dragon

Asia Times has two articles about the global impact of China’s hunger for natural resources: “Commodity prices skyrocket” and “Too much for Mother Earth“:
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