Commodity Online China’s spending spree is about to send historic waves of cash to a select handful of companies.
Here’s where the money’s headed:
$80 billion is being allocated to wastewater companies for the construction of over 1,000 water treatment…
$25 billion is being doled out to “scrubbing” companies to clean the dirty air belching from coal-fired power plants…
$50 billion is being earmarked for construction of 40 new nuclear power plants to relieve dependence on its coal-fired electric plants…
$119 billion will go for the uranium needed to make those reactors hum. China's annual uranium demand is three times current available supplies.
$184 billion is being devoted to China’s renewable energy markets – set to become the largest in the world…
Over $28 billion will be invested in companies that build natural gas infrastructure
Total: $486 Billion
And yet if that wasn’t enough, the chief economist from Deustche Bank predicts that China will invest an astounding $754 billion over the next 36 months to reduce the magnitude of this growing, enormous problem…
The Big Investing Guns Are Already In China…
Warren Buffet, the “Oracle of Omaha” is invested to the tune of $92 million already.
Jim Rogers, who partnered with George Soros to create the Quantum Fund – a hedge fund which returned more than 4,000% in its initial years – has moved to Shanghai to keep a close eye on his commodity investments.
Sir John Templeton, “the greatest stock picker of the century” according to Money Magazine, has invested $100 million in China, and believes China has more growth potential than any other opportunity in the world.
