China, Jim Rogers and the Global Commodities Outlook [View article]
The sales data in China's auto market provides a good explaination why petro price should come down further(if China is the factor). A sales increase of 15% yoy indicates 15% more petro consumption growth in china during 1H08 at most, but petro price jumped more this level? Why is that, the reason can be lined to Iran, IBs like GS. My point is claiming chinese demand as the main factor driving up commodities price does not convincing.
China, Jim Rogers and the Global Commodities Outlook [View article]