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Michael Pettis on What Evergrande Means for China’s Macro Economy
Odd Lots
Is China a Major Contributor to the Surging Price of Commodities?
The bloomberg commodity index, it piked in 20 ten or 20 11. It seemed as though china was this or to major contributing positive impulse to the price of commodities. If they really do try to constrain the growth in debt, we will see demand for industrial commodities go down. There's no way china can continue absorbing roughly 50 % of everything that's produced. But is it going to happen now? I don't think so.
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