| China has been heralded as the global economic savior whose explosive growth-fueled appetite for natural resources will push worldwide commodities markets higher and higher, pulling many economically mangled nations out of their financial hole.
The Asian powerhouse’s appetite is so large that the People’s Bank of China has seen fit to raise interest rates yet a fourth time since October 2010 in order to cut back domestic consumption and reign in rising consumer prices.............................................Full Article: Source
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