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Profit redistribution can dispel inflation fears By ZHU HE | China Daily | Updated: 2021-05-10 09:17 Share CLOSE An aerial view of the container terminal at the Tonghai Port Area, part of Nantong Port, in Nantong, Jiangsu province. [Photo by Zhai Huiyong/For China Daily] Since the beginning of this year, global commodity prices have risen significantly, with the Nanhua industry index increasing by about 7 percent as of April 16. The prices of copper, rebar, iron ore, and crude oil have all surged by more than 10 percent, and the CRB Spot Market Price Index has soared by nearly 15 percent. Some people worry that if rising commodity prices bring about a new round of inflation, or if the authorities have such a concern, early tightening of macroeconomic policies may ensue. ....
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