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China relights the torch for commodities

Posted on 14 November 2008

From Fool.com: The fundamental outlook for global commodities strengthened considerably over the weekend, though, as China announced a domestic investment initiative many times greater in adjusted scale than even the Marshall Plan, which so transformed Europe after World War II.

With a two-year, $586 billion economic stimulus package that will develop housing, rural, and transportation infrastructure (among a total of 10 programs), China has effectively pledged to the world a baseline level of demand for a range of raw materials and related products…… Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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