Deutsche bullish on agricultural commodities
Deutsche Bank outlines the sectors and themes that investors can pursue to take advantage of predicted long-term increases in food prices.
China's National Development and Reform Commission announced yesterday it expects the countryÆs consumer price inflation to hover around 4%, compared to 4.7% in 2007, while GDP growth will remain in double digits at 11%, compared to an estimated 11.5% in 2007. Deutsche BankÆs latest research report says that while subprime-related losses are expected to hinder growth in G3 in 2008, the contagion risk to China will be relatively limited.This all sounds fine, except for the problem of f…
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