11.11.2014 - China commodity imports don't fit soft economic narrative: Russell
It's becoming increasingly hard to make Chinese commodity import data fit with the prevailing narrative of a softening in the world's second-biggest economy. Trade figures released Nov. 8 showed ongoing strength across a broad spectrum of commodity imports, with the only consistent weak spot this year being coal. October iron ore imports may have slipped 6.3 percent from the previous month's high to 79.39 million tonnes, but they are still up 16.5 percent in the first 10 months of the year over the same period in 2013, on track for the strongest annual growth since 2009...............................................Full Article: Source
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