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Commodity Rally May Slow in H2: Journal

CHINA PRESS
MNI (Beijing)

The current commodity rally in China may ease in H2 as the government reserves the tools including adjusting monetary policies and limiting construction activities, the China Securities Journal said citing Chen Li, the chief economist with Chuancai Securities. The levels of liquidity and construction activities are not strong enough to sustain further price gains, therefore the central bank may not see the need to tighten yet given the persistent global pandemic and China's weak employment, Chen said.

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