21.05.2014 - China reins supreme in world commodities
Grains, metals, meat - these are just three of the commodities being sucked in by the voracious Chinese economy set to be the key driver on raw materials markets this year. French commodity research specialist Cyclope argues that "in the coming months, global markets will feel even the slightest sneeze from China". World commodity prices have surged in recent years, driven by rising demand from increasingly affluent shoppers in emerging markets and particularly China. China has also amassed huge reserves of US dollars and has the financial firepower to buy and outbid, since many commodities are traded in US dollars.........................................Full Article: Source
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