China Commodities

Are the wheels coming off the Chinese commodity market? Over the span of the past two months, daily turnover on China's futures markets surged by the equivalent of $183 billion. According to Bloomberg, this data makes "volume on the Nasdaq exchange in 2000 look tame" and even...

Metals and mining stocks surged on Tuesday, partly due to encouraging news out of China that should support commodity prices. China expects to lay off nearly 2 million workers in the coal and steel industries, representing around 15 percent of the total workforce. The country's actions are part of...