re:Will China save CMK The inflation figures that came out of China today show that inflation in the month of June came further down to 2.2% a far cry from the 6.7% that was in January of 2011 when China started monetary tightening and all commodities crashed. It took 18 whole months for the Chinese to rein on inflation and to start loosening up again. The official version of this improved inflationary condition was the "drop of the price of commodities, 20 of them". This is another way of saying China went into a buying strike in order to depress all industrial commodities. In the meantime our idiots at CMK were making grandiose predictions of 3 million tons etc., totally disconnected from reality. Finally they realized that China after all plays a major role in shaping up the demand for commodities in the international markets. That is to say, China matters because it is a "market maker" when it comes to iron ore, met coal, copper etc., and unless the demand is restored no coal company will rebound and above all CMK. China's deflationary pressures have been felt throughout the world. Look what happened with the subprime mortgages. Because of the strong buying of US treasuries the interest rates were depressed so low for so long, banks were not making any money so they resorted to illicit practices and the subprime debacle and they caused the credit crisis the effect of which we all live today, Having brought inflation under control , China is ready to re-inlate the economy. The question is will the demand for commodities be quick enough to save CMK and ken Bates#@$%!.