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Titanium Metals Corporation Message Board

  • asp924 asp924 Mar 3, 2004 8:52 AM Flag

    China play is over

    For those who are investing in TIE on the belief that China will spur more TIMET demand:

    UBS expects China's GDP growth to slow

    UBS issues a 128 page report examining the effects of a China slowdown on Basic Materials. The firm projects that China's GDP growth rate will fall by 20%, to 9.5% from 11.5%, in 2004E. While many suggest that this is the end for China as a positive catalyst for basic materials, the firm believes that the impact will be more than offset by IP growth in the world ex China.