RE: China CC Imports UP 10%...??? The Great commodity boom is over.
These guys are a day late and a dollar short.
China's growth going forward will concentrate on service industry. Although growth will occur in coal consumption, supply has caught up which means the world will no longer see such huge imbalances and high prices.
China had no choice but to pay these high prices in order to create all the infrastruscture projects necessary to keep their people employed and build up their infastructure. Now its time to fill up all those empty buildings with service jobs.
jmho.
Good Luck