Lithium the Next Big Thing for China Investments
Feb 24 – China’s long had a relationship with Latin America, and with the South American continent holding 75 percent of the global lithium reserves, global players are piling in to negotiate supplies of the metal.
With China positioned as the global manufacturing hub for computers, and starting to pull away in the technology race to find viable light weight batteries, lithium – used in batteries and in hybrid vehicles – is poised to become the next oil as a commodity. Usage is expected to double by 2020.
This report from SinoLatin Capital outlines why lithium is important and its future trends and how they relate to Chinese manufacturers and the government’s positioning to source this material for the 21st century.
- Previous Article New Regulations for Online Stores to be Released in March
- Next Article Paying Tax by Installment in Hong Kong