Interesting partnership... it definitely makes sense. Countries need to understand that investing in their own infrastructure might be the best investment they can make (something Korea learned early on).
If they decide to sell their minerals and get cash or bonds, while it's money -- maybe they won't know how to invest it efficiently (and end up losing part of it in bureocracy - to say it nicely).
Countries are slowly but surely adapting this route.
I see Countries like Chile and a few nations in Africa sign deals along these lines only.We will give you the Commodities but in return you have to give us Roads,Dams,Bridges and Schools.
It's interesting to see how that plays out. Insourcing started taking importance a few months ago but an article in EBN later told us that it won't live for long.
China NEEDS to slow down according to some economic analyst.
I know they aren't being forced, in the strick sense of the word. But when we think of developing countries, in most cases, we should also associate it with lack of long term vision and that makes them think that they money they can get now is what matters.
If a govmnt has a careful plan, it might realize that it's better for them to not export something and have it, at a lower price, to promote local industries. If not, they will only have the $ obtained from the sale, no long term progress in that.
I guess in terms of feeding Chinas Commodities, China is facing a bigger problem, their economy is getting stronger and it will become less attractive for invesment, few Years ago their R&B was 8 to 1 against the US dollar, Now is around 6 to 1, what this means is that investors will have to spend more money to make bussiness with China, what is forcing to look else where.
seems like soon we will have an ew player on OEM / ODM partnership.
That makes perfect sense in the context of looking at how Commodity cycles develop.
Boom and Bust is very much the hallmark of these cycles.The Analysts at S&P realise that and are just trying to warn enough people in the hopes of smoothing that cycle.
Too bad people don't realize it (and keep screaming this time is different) again and again and again.
Maybe Commodity Bulls should just open their history books.
What do you think?
Do you think Manufacturers have what it takes within themselves to,
"
It offers manufacturers the opportunity to understand better how to prepare for, anticipate and strategize against market imbalances.
Exctly, there's no local industry... but maybe it's because steel is so expensive!
It's a question of policies, and maybe a 10-yr strategy. Build local industries with the local supplies (no export) and after that, export to the current market price (which will be higher because of scarcity - due to the local-only policy).
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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