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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ark88on Mar 21, 2012 12:55pm
221 Views
Post# 19700670

RE: RE: Aussie Tax: Good for the price of coking c

RE: RE: Aussie Tax: Good for the price of coking c

What I meant was coal exporter. In this regard Indonesia is neck and neck with Australia as the top exporter of coal in the world.

 

As to declining demand from China. A lot people are not reading past the headlines. Yes, China is not growing at 11% as they use to, but their projection of 8% GDP growth in nominal terms means that demand is still strong. By this I mean that the Chinese economy today is far bigger than it was when it was experiencing 11% growth. The real evidence of sustained demand in this sector is steel production numbers from China.

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