31.10.2008 - China stimulus plans, not rates, key for commodities
From Guardian: China's third interest rate cut in six weeks will be much less of a boost to commodities demand in the world's fastest-growing consumer of raw materials than a hefty infrastructure spending programme. Slowing exports are already eating into the country's huge hunger for commodities -- copper consumption growth next year is seen falling to 6 percent, one third the rate in 2007 -- and even a major fiscal package will likely only slow the decline..... Full Article: Source