14.10.2011 - China's appetite for commodities wanes
The latest trade data shows imports holding up in September; the volume of major commodity imports was little changed from August. But standing back from the monthly detail, 2011 isn't a strong year. Imports of copper and soybeans have fallen from 2010. Growth in oil imports is sharply down. There could be worse to come. Overcapacity in the real-estate sector at home and fading demand for Chinese goods abroad, with exports falling for a second month in September, suggest tough times ahead..............................................Full Article: Source
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