Matthias Siller, fund manager of Baring Emerging Europe Plc at Baring Asset Management (Barings), suggests Russia’s huge commodities reserves mean it is best placed to supply the raw materials China needs in its bid to become a leading global economic power.
Matthias explains, “Governments around the world, China included, have launched massive economic stimulus packages in a mass attempt to avoid a depression. A significant proportion of these packages are allocated for infrastructure spending and this is particularly the case in China………Full Article: Source

RSS

