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Sunday, April 6, 2008

China: Cotton Import King

Source / Article

...By 2025 it is estimated China will buy as much as 78 percent of all the cotton grown in the world. With U.S. cotton quality high and dollar values low, it seems China is a fitting destination for more American-grown cotton. ...

Not only does China have the demand for cotton, the Chinese have the money to pay for their demand. Currently, the Chinese middle class, which in apple-to-apple comparisons, is at least comparable to U.S. and European middle class people. Amazingly, the Chinese middle class numbers over 300 million peoplemore than the total U.S. population. ...

Not far behind the Chinese is India. ...

Dr. UnSpin~

Doesn't take Einstein to do the math on this one!


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