Fear of glut grips commodities as Xi shifts China's economic focus
There is concern that demand will weaken as Beijing focuses on quality of expansion, not pace of it
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
A SLOWDOWN in the world's biggest consumer of most commodities is reviving fears over a glut in raw materials.
The Bloomberg Commodity Index extended declines after sliding the most in six months on Tuesday. Futures in China also plunged in overnight trading.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts