"Even though Beijing has wisely been pulling back on the reins, China is still on pace to achieve growth in the neighborhood of 8% in 2010," suggests Keith Fitz-Gerald.
The editor of The New China Trader explains, "That means slew of building projects (all of which require steel). And that should be great for General Steel Holdings (GSI) , a long-term favorite that's ripe for new money.
"Building projects are only part of the story. China is in the process of dismantling (and consolidating) a decades-old steel industry.
The editor of The New China Trader explains, "That means slew of building projects (all of which require steel). And that should be great for General Steel Holdings (GSI) , a long-term favorite that's ripe for new money.
"Building projects are only part of the story. China is in the process of dismantling (and consolidating) a decades-old steel industry.
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