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Profit from China’s metal mania

Posted on 15 November 2013

Iron-ore cargos to China are soaring – another sign that the Chinese economy just won’t call it quits. In fact, the economic news on China keeps getting better. Its economy is expected to grow 7.6% this year – nearly three times the pace of growth in the United States. As a result, China’s imports of coal, oil, iron and other metals are rising. And this means mega-profits for some well-positioned companies.
Chinese leaders just pledged to enact market-driven fiscal and land reforms, relax investment controls and let the market play a “decisive” role in allocating resources………………………………………..Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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