Goldman Says China Commodities Sway to Shrink in 2011
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China’s sway in the global commodity market is likely to shrink next year as the U.S. and Europe assume bigger roles, Goldman Sachs Group Inc. said.
“When we look into 2011, the story is not going to be China,” Jeffrey Currie, head of commodities research at Goldman Sachs, said today at a conference in London. “It is going to be Europe and the U.S.”