Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Friday, June 25, 2010

It's Big Deal For Commodities On Yuan Flexibility

China is One of  the Largest Consumer Of  Various Commodities Like Base metal : Copper, Zinc, Lead, Nickel, Aluminum &  Bullion : Gold & Silver.

A Flexible Yuan Can Help The Chinese Peoples  To Increase Their Standard Of  Living this May Lead To High Demand From Their Own People Of  Daily Necessities. Demand is also 
Totally Demand On The Flexibility  Of Yuan Against Dollar.
 
China is New Big Consumer Market Like India. After The 2008 Recession, This Was Biggest Hit For Chinese Exporters .So, Chinese Central Bank Decided  To Flexible Yuan . It is Expected That Demand For Dollar Related is Also Increase In China .

This Action Was Positive For Base metals & Bullions in Short, Medium & Long Term View . 


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