China is now a major participant in world commodity markets. The impact of Chinas economic activity and its policies related to strategic reserve hold- ings, trade, and the environment are often seen as having a large...China is now a major participant in world commodity markets. The impact of Chinas economic activity and its policies related to strategic reserve hold- ings, trade, and the environment are often seen as having a large impact on commodity prices. In turn, these commodity price changes can affect inflation and the terms of trade at the global level, with possibly large effects on other emerging and developing economics.展开更多
文摘China is now a major participant in world commodity markets. The impact of Chinas economic activity and its policies related to strategic reserve hold- ings, trade, and the environment are often seen as having a large impact on commodity prices. In turn, these commodity price changes can affect inflation and the terms of trade at the global level, with possibly large effects on other emerging and developing economics.