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Westpac sees gradual recovery commodities demand

Posted on 29 April 2009

From Fnarena.com: Westpac has looked more closely at the latest Chinese economic data, attempting to analyse annual growth rates to determine just how much of a seasonal impact there is to the numbers coming out of the country and what this might mean for commodity prices.

Its findings suggest while March quarter data revealed a slight flattening in the moderation of annual growth rates for the Chinese economy the numbers don’t provide a clear picture of what Westpac views as an improving underlying trend……Full Article: Source


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