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China to continue to weigh on commodities

Posted on 16 August 2013

The slowing Chinese economy will continue to weigh on commodity markets as the Asian nation is forced to adjust to the next phase of the commodity price cycle along with other countries, a new report says.
The inaugural China Resources Quarterly, compiled by the Bureau of Resources and Energy Economics (BREE) and Westpac Institutional Bank (Westpac) covers the June quarter and shows the Chinese economy grew at a rate slightly below its potential in the first half of 2013. Overall activity was supressed by external headwinds and a less accommodative policy, which saw data out of China generally seen as underwhelming, the report said………………………………………..Full Article: Source


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