China is hoarding commodities like never before
The big dive in the prices of oil and other commodities has incited China to hoard oil, coal and corn like never before.
BY RITZAU FINANS
China is hoarding oil, coal and corn like never before, as the oil price has dropped along with the prices of other commodities. And the country is saving huge amounts, which are being invested in infrastructure projects abroad. The Wall Street Journal writes that, according to an expert, China is the big winner of the commodity war.
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