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Sunday, 08/10/2008 4:30:51 PM

Sunday, August 10, 2008 4:30:51 PM

Post# of 2594
China Auto Market is the place to be!!!!

Part of the blame for China’s thirst for energy goes to China’s consumers who are buying cars and driving over China’s expanding highway network with a degree of enthusiasm rarely seen outside of the United States. With auto production setting new records every month, it is small wonder that commodities such as copper, steel and, of course, oil are jumping in price relentlessly.

The surge in auto production and consumption is also happening in a number of other emerging economies, such as India. But China is truly the proverbial thousand-pound gorilla in the global commodity inflation situation.

http://sfomag.com/article.aspx?ID=1211

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