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Don’t count on China sustaining the commodity super-cycle

Posted on 21 November 2013

China, the world’s No. 1 consumer of so many raw materials, apparently looks set to carry on buying following bold reforms announced at the third plenum of the communist leadership. But it could be a long wait before they buoy commodity currencies if indeed they ever will.
Some of the reforms announced are ground breaking: The one child policy is to be relaxed. Measures are to be taken to make it easier for rural citizens to live in most of the big cities. And the market is to be given a greater role in allocating economic resources by 2020…………………………………Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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