Academy Of Social Sciences: China Is Still Relatively Weak In The Import Of International Bulk Commodities.
Chinese Academy of Social Sciences Released yesterday World economic yellow book The global economy is out of recession, and the world economy is expected to continue to grow slowly next year.
The Yellow Book predicts that in 2011, when C will rise in 2010, it will roughly stabilize at a level close to the highest level in history.
The most concerned oil price in commodities is between $80-110 and barrel.
According to the analysis of the yellow book, the trend of commodity prices in 2011 depends critically on the pace and intensity of economic recovery and monetary and fiscal policies in developed countries.
"In China
International commodity import
China is still relatively vulnerable. "
Analysis of the yellow book pointed out that in recent years, soybean, iron ore and crude oil are the most influential varieties in the international bulk commodity market, which are most influenced by Chinese factors.
But it is worth noting that China's impact on the international commodity market is mainly through demand channels, rather than through supply and financial channels.
China has paid a higher price than the international market average in the import of soybean and iron ore, which reflects that China is still in an unfavorable position in the import of bulk commodities.
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