Commodity suppliers hurt by China demand
By Li Jiabao | China Daily | Updated: 2013-07-12 07:38
China's slowing commodity imports have been hurting major world commodity suppliers, and the situation won't improve in the second half, experts said on Thursday.
The nation's commodity purchases have been affected by weak overseas demand for its exports and a domestic growth slowdown.
"China's shrinking demand for commodities surely dented the economic growth of major commodity suppliers, and the negative impact will worsen as Chinese economic growth will not see much improvement in the second half of this year, said He Rongliang, an analyst with the Distribution Productivity Promotion Center of China Commerce.
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