Yao: the probability of large commodity price increases.

According to Shanghai Securities News <P> National Bureau of Statistics chief economist Yao Jingyuan, 27, said, crude oil, iron ore and other commodity prices rose this year, the probability of larger, because of China's dependence on them higher, so the imported inflation .the risk is there. .</ P> <P> Yao believes that the reason commodity prices are mainly determined by demand. .In the recovery of the overall world economy this year, which means that demand will increase, the expansion of demand is bound to move up prices. .In addition, from 2008 onwards, various countries to address the financial crisis similar tactics, is the release of a large number of liquidity. .The whereabouts of these liquidity, Yao pointed out that the last two years, the slow world economy twists and turns, the United States, Europe, unemployment remains high, indicating that not all of liquidity into the real economy, commodities are likely to enter the field. .He said, "those areas which have been highly speculative, if the liquidity re-entered, a large number of speculative factors will lead to higher prices." </ P>.