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China commodities ripple starts slowly

Posted on 14 March 2013

As China’s economic growth fell to 7.8 per cent last year, its slowest pace in more than a decade, commensurate demand for commodities such as iron ore, copper and coal also slowed to single-digits, sending traders scrambling amid fears of a “hard landing” for the Chinese economy.
This year, though the “hard landing” has been averted, China’s anaemic demand growth for commodities is still sending ripples through the Chinese raw materials market, which had become accustomed to double-digit annual growth…………………………………….Full Article: Source


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