Business
Blowing off steam: China wants commodity prices to tumble but its hands may be tied – Sydney Morning Herald
China can issue as many threats as it likes but it can’t do much about the underlying fundamentals of supply and demand for commodities like iron ore without risking…
The Biden administration in the US has, however, embarked on a far more aggressive and expansive spending program than Chinas, and now that a recovery in Europe seems to be gaining traction, other major economies are now adding to the swelling demand for the raw materials of industrial activity.
Chinas cant address its contribution to the demand side of the supply-demand equation without slowing its economic growth rate, although it can fiddle at the margins.
China and other commodity-consuming…
-
Noosa News15 hours agoInquest into Rosemarie Campbell’s death three days after gastric bypass surgery hears of ‘massive loss’ to family
-
Noosa News7 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General13 hours agoQueensland announced as 2027 Women’s Softball World Cup host in first Australian event since 1965
-
General22 hours agoIndonesia airdropped aid for Palestinians in Gaza, but experts question its effectiveness