World Wide Shopping Started by China
Several Chinese Companies are buying huge quantities of raw material, minerals and various metals from all over the world.
Chinese Companies are also entering into agreements and acquiring shares in many successful companies and groups in different parts of the world.
The buying orders for iron, steel, copper, aluminium, silver, gold, uranium etc. are so huge that in a few months we might see rise even in the shipping rates and perhaps some restrictions on exports in some of the countries.
These materials are obviously for long term storage and investment purpose as hundreds of acres of open land has been and more is being prepared for dumping it near the port cities in different provinces of China.
Chinese Companies are also interested in taking control and managing some of the port cities in poor and developing countries.
They will soon go into the next phase and start buying big chunks of land in some countries specially Africa and then securing it. This way they will be able to freely use the Port facilities and local partners for trade and transportation and also to establish manufacturing units in different parts of the world.
China is making payment for all its buying in American Dollar.
There are signs and opportunities in all these for the pondering minds that are also able and ready to take action.
