• Deaf Leaders Foundation

Goldman says China has lost the ability to boss commodity prices

China’s efforts to regulate the surging commodities prices are likely to be in vain as it’s lost the ability to boss the market around, Goldman Sachs said on Friday. The speed of the rebound from the COVID-19 stress in advanced economies, particularly the US, means China is no longer the buyer dictating pricing, Goldman analysts led by Jeff Currie remarked.

0 views0 comments