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Monday, June 15, 2009
China's Buying spree
Looks like China has found one more avenue for investment - Stockpiling raw materials. It also seems the recovery in raw material prices is more due to China's buying spree. This may be another bubble.
Some See China’s Buying Spree on Commodities as Short-Lived - NYTimes.com
Source: www.nytimes.com
Shipping and commodity executives are questioning China’s motives as it piles up extra quantities of products.
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