14.11.2008 - China relights the torch for commodities
From Fool.com: The fundamental outlook for global commodities strengthened considerably over the weekend, though, as China announced a domestic investment initiative many times greater in adjusted scale than even the Marshall Plan, which so transformed Europe after World War II. With a two-year, $586 billion economic stimulus package that will develop housing, rural, and transportation infrastructure (among a total of 10 programs), China has effectively pledged to the world a baseline level of demand for a range of raw materials and related products...... Full Article: Source
Print