Your English writing platform
Discover LudwigSuggestions(2)
Exact(2)
And a lot of what has happened has been stockpiling commodities, and what I call getting ready to get ready.
China has been stockpiling commodities and binging on construction projects, a few of which will be great long-term investments, most of which won't.
Similar(58)
Exporters have more orders than they can fill — although imports have been rising even faster as Chinese companies have stockpiled commodities as a hedge against inflation.
The jump in imports in the second quarter included heavy stockpiling of commodities, which will not last; copper imports, for example, were 150% higher than a year ago.
Many investors were also impressed with the stockpiling of commodities in recent years by the Chinese, assuming that much more was in store.
Car prices fell slightly in the first week of the reforms.But the new measures are likely to be highly inflationary, particularly after the government exhausts its stockpiles of commodities such as rice and cooking oil, limiting its ability to manipulate prices.
Meanwhile, the Chinese were rebuilding their stockpiles of commodities in the wake of 2008's price falls and their own government stimulus.That process is now faltering, a factor that shows up in the Baltic dry and in government bond yields but not (yet) in equity markets.
"There has been enormous stockpiling of all commodities" by China, and this cannot continue indefinitely, said Tim Huxley, the chief executive of Wah Kwong Maritime Transport Holdings, a big shipping line based here.
China will probably not corner, say, the aluminum market, but analysts say the country's experiment in commodities stockpiling is likely to end badly in one of two ways.
There are a number of options for China to diversify its reserves: buying depressed global equities; stockpiling currently cheap commodities like oil, steel and grain; accumulating euros and yen.
In two words: commodities stockpiling.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com