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China’s Supply-side Reform Boosts Global Demand, China Time Reappears in Bulk Commodity
Release time:Nov 20, 2017 From:admin
SHANGHAI, Oct. 19 (SMM)-During first three quarters, price and volume of China’s bulk commodity import has both increased. Import of iron ore, crude oil and soybeans get the greatest rise amount. Analysts think import increase of bulk commodity is caused by improvement of China’s real economy. China’s supply-side reform has boosted global demand. Besides, import and export trade between China and the countries and regions along the "Belt and Road" has risen 20.1%, higher than rise amount of China’s foreign trade at the same term. With amelioration of supply and demand imbalance, bulk commodity see a great rebound after June. (China Securities Journal)
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