Without constant stimulis Chinese excess capacity will likley continue to weigh on prices.
http://blogs.wsj.com/chinajournal/2009/09/25/idle-factories-still-restraining-china%e2%80%99s-investment-inflation/?mod=rss_WSJBlog?mod=chinablog
George Baxter Capacity, Commodities, Consumption, Stimulis Capacity, Commodities, Stimulis
This article ties well with the one I posted with respect to US steel tariffs. It seems that that Chinese stimulus has resulted in massive steel production which is being dumped around the world. They have invested in excess capacity and goods for export. This excess steel production is crowding out local producers who are [...]
George Baxter Capacity, Commodities Capacity, Commodities, exports, imports, steel, tariffs