China gets picky

posted by
June 30, 2011
Casey Research
by the Casey Research Energy Team  
Posted in Commentary

"It turns out that China is not willing to pay whatever it has to for energy and metal resources. Several resource deals have faltered in recent months, indicating an increasingly choosy Chinese perspective on energy and metal acquisitions. Add to that the growing concern that the global economy is once again stumbling and that commodity prices may be near a top, and you have a Chinese deal-making market that has gone from 60 to zero in no time." (06/29/11)

http://www.caseyresearch.com/cdd/china-becomes-choosy  

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