Credit Suisse joined others Wednesday in predicting that China’s commodity-demand peak has passed, saying the nation will no longer serve as a driver in the global commodity supercycle. It said demand for commodities is set to trend lower as China’s growth rate cools and its economic focus switches to consumerism.
Among factors weighing negatively, Credit Suisse cited the end of the infrastructure-building frenzy, a housing market boom that now appears to be in its twilight stage, and the dying out of what it said was the “golden age” of government stimulus to help drive growth………………………………………..Full Article: Source