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Old 06-24-2012, 03:50 PM   #1
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Default China: Dug in too deep

Beijing is hungry to secure mineral resources abroad but overspending and project delays reveal mining groups are ill-prepared for global expansion

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Old 06-24-2012, 10:46 PM   #2
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Default Re: China: Dug in too deep

The rise and fall of the dollar has created an increase in the number of international consumers. China has one of the largest economies in the world. In fact, its GDP, or "gross domestic product," measured at purchasing power parity in 2010, is second only to that of the United States. China is also the world's largest exporter and second-largest importer and America's largest trading partner. China exports and imports a large range of products.
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