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China’s August commodities imports fall from highs but stay elevated

September 09, 2013 China's commodities imports of crude oil, iron ore, copper and soybeans fell in August from July's record highs, but shipments stayed at elevated levels as manufacturing activity in the world's second-largest economy gains pace. Headline trade data showed China's overall imports and exports in August were stronger than expected and have sustained the upward trend since July, adding to evidence that the world's top commodities buyer may have avoided a sharp slowdown.…

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