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China’s top fund manager favors commodities as inflation worsens

Posted on 05 May 2011

China’s top-performing fund manager is favoring resource and agriculture stocks as the country’s government intensifies its fight against the worst inflation in three years amid rising commodity prices.

Oil prices may extend this year’s surge amid concerns over supply disruptions in the Middle East, while demand for fuels will increase after Japan’s worst earthquake on record spurred countries to shelve plans to develop nuclear energy, Wang Cheng, co-manager of the China Southern Long Yuan Equity Investment Fund, said in a May 3 interview from Shenzhen……………………………………….Full Article: Source


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