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China’s September commodity imports rise but demand still weak

Posted on 15 October 2012

China’s imports of iron ore reached their highest level in 20 months in September as buyers took advantage of falling prices to replenish stocks, and copper and crude oil imports also rose, but the data did little to raise hopes that demand in the world’s second biggest economy was on track for a full recovery.
Figures from China’s General Administration of Customs on Saturday gave indications of renewed vigour in the world’s second largest economy, with total exports in September rising by a much faster than expected rate of 9.9 percent year on year, but the signals from a raft of commodities data were mixed………………………………………..Full Article: Source


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