Sat, May 23, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Trends more

Quickened Chinese urbanisation should boost commodities

Posted on 13 December 2013

The $6.4trn boost to China’s urbanisation, announced at the Third Plenum, will boost the eastern giant’s already “voracious” appetite for raw materials, ETF Securities says. The Chinese administration’s focus on reducing overcapacity should also lead to higher prices for metals, especially aluminium.
It has pledged to halve the original 20-year timeframe for urbanising 400 million citizens through a massive investment drive. That will push up government infrastructure spending, which was 9 per cent higher in 2013 than the previous year………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31