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EXCEL MARITIME CARR Message Board

  • workingretiree65 workingretiree65 Nov 20, 2008 5:30 AM Flag

    China Govt to avoid riots by employing factory workers

    I think China will continue to ship in dry bulk to build their infrastructure. The government does not want China's unemployment to increase because public unrest and riots will start (Guess the Chinese have tasted an improvement in their standard of living and will not settle for how things used to be). This means the govm't will dump funds into infrastructure rebuilding (as they stated a few weeks ago) and will hire unemployed factory workers to build highways, railways, buildings, etc. This means they will continue to import raw materials to provide for this construction. I think the global economy will keep dry bulk shippers in business at acceptable rates.