26.02.2013 - Downturn in China’s investment cycle could push down global prices of some commodities
A downturn in China’s investment cycle could push down global prices for some commodities, such as iron ore, by up to 12%, according to new study by Standard & Poor's Ratings Services (S&P). In a study entitled “The Investment Overhang: If China's Investments Dip, Commodity Prices May Slip” released on Feb 25, S&P found a strong correlation between movements in China’s investment-to-GDP ratio and prices for commodities such as iron ore and coal...............................................Full Article: Source
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