23.01.2014 - Will China be more of a positive than a negative for commodities this year?
It is a long time since China was a positive for commodities markets. For most of the last few years China has blown headwinds at commodities, including concerns about a hard landing, the impact on its metals intensive manufacturing sector of rising costs and soft export markets and the need for structural reform to reduce the economy’s overdependence on investment and infrastructure building, said Barclays in a research note. The difference this year is that hard landing risks have faded and market participants have lowered their expectations for the pace of Chinese economic expansion...............................................Full Article: Source
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