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China ETF surges as drive for clean air boosts commodities
Anti-pollution measures may shut small mines, leading to more supply disruptions and rising prices as demand goes up
Add BT as a preferred sourcePublished Fri, Oct 13, 2017 · 09:50 PM
New York
CHINA'S anti-pollution drive is brightening more than its smoggy skies.
The Global X China Materials ETF has delivered a 56 per cent return this year as inefficient and illegal production in the Asian nation is shut down, giving companies in the exchange-traded fund healthier profit margins and more breathing room to expand output.
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