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China needs a bigger hammer to beat down commodity prices: Russell

Posted on 16 November 2016

China may need a bigger mallet to hammer the nation’s commodity investors and take the wind out of what Beijing believes is a speculative bubble in prices for natural resources.
A raft of new measures were announced last week aimed at increasing costs for investors using the domestic commodity exchanges, the latest salvo from the authorities in their ongoing attempts to control commodity markets. But evidence from the first week of the increased fees and margins is mixed as to how successful they have been………………………………….Full Article: Source


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