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China’s economy to stay commodity-oriented, JPMorgan says

Posted on 17 April 2013

China’s economy will stay commodity-oriented even amid slower growth, according to JPMorgan Chase & Co.
Raw-material markets in the medium term will still be driven by China,Michael Camacho, chief executive officer of commodities for Europe, Middle East and North Africa, told the FT Global Commodities Summit in Lausanne today. The nation will still buy more raw materials, whether its economy grows at 6 percent or 8 percent a year, he said…………………………………….Full Article: Source


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