21.04.2009 - Chinese commodity imports |
From FT: The recent surge in China’s commodity imports reflects strategic government purchases and rising demand from domestic traders and producers, says Jing Ulrich, chairman of China equities at JPMorgan. Purchases by China’s State Reserve Bureau (SRB) of aluminium, copper, nickel, tin and zinc have been made to increase stockpiles and support domestic industry.....Full Article: Source |