{"id":11387,"date":"2024-10-28T08:30:00","date_gmt":"2024-10-27T22:30:00","guid":{"rendered":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?p=11387"},"modified":"2024-10-21T13:26:02","modified_gmt":"2024-10-21T03:26:02","slug":"bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world","status":"publish","type":"post","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/","title":{"rendered":"Bubble trouble: Why speculation in China\u2019s commodity market affects the world"},"content":{"rendered":"\n<p><a href=\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/tag\/john-fan\/\">JOHN FAN<\/a> AND <a href=\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/tag\/neda-todorova\/\">NEDA TODOROVA<\/a>&nbsp; |&nbsp;<\/p>\n\n\n\n<p>Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a price bubble occurs when the price of a commodity (like oil, metals, or grains) gets far higher than what it\u2019s worth. This is often driven by speculation rather than actual demand or supply, and when reality catches up, the bubble bursts\u2014leading to a dramatic drop in prices.<\/p>\n\n\n\n<p>This blog explores what drives these bubbles in global commodity markets, particularly in China, and how they may affect both producers and consumers worldwide.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is a commodity price bubble?<\/h2>\n\n\n\n<p>A bubble occurs when the price of a commodity becomes inflated well beyond its fundamental value. The price rise isn\u2019t driven by supply and demand, but rather by speculative trading\u2014investors betting on future price increases. Eventually, prices hit a peak and then crash, sometimes leaving significant damage in their wake. Think of it as an economic boom followed by a bust, with massive losses for those caught in the downturn.<\/p>\n\n\n\n<p>Commodity price bubbles don\u2019t happen often, but when they do, they can disrupt entire sectors, affecting everything from farmers to insurers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The global picture: What causes these bubbles?<\/h2>\n\n\n\n<p>Globally, positive price bubbles are usually triggered by factors like low inventories, strong exports, or rapid economic growth. On the other hand, negative bubbles, where prices plummet, are often driven by pessimism in the market, like fears about economic downturns or falling demand.<\/p>\n\n\n\n<p>In many cases, global commodity price bubbles are influenced by rational factors like inflation, inventory levels, and economic growth. This is where traders respond to changes in supply and demand. However, these bubbles are still short-lived because the markets eventually correct themselves.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Chinese market: A unique case<\/h2>\n\n\n\n<p>China\u2019s commodity market operates a little differently. Here, we see a much stronger influence of retail traders (small, individual investors) and excessive speculation. Because of this, China\u2019s market is more prone to bubbles driven by emotional or irrational behaviour\u2014like herding, where investors simply follow what others are doing, or overconfidence.<\/p>\n\n\n\n<p>The speculative nature of China\u2019s market means that price bubbles can form even when the demand for a commodity isn\u2019t increasing. This makes the market more volatile, with bubbles forming and bursting more quickly than in other countries.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Comparing China and the world<\/h2>\n\n\n\n<p>Our research shows that in China, bubbles are more driven by the behaviour of investors than fundamental factors. For example, fear and uncertainty among traders can cause negative price bubbles. In contrast, globally, price bubbles are more likely to arise from rational responses to economic changes like inflation or inventory levels.<\/p>\n\n\n\n<p>Interestingly, when positive price bubbles form in China, they can spread to global markets. This contagion effect suggests that Chinese market movements can have a ripple effect on the rest of the world.<\/p>\n\n\n\n<p>Turning to the impact on negative bubbles, we find that negative price bubbles in Chinese commodities are not influenced by changes in trading volume, whereas the opposite holds true for global markets, resulting in a statistically significant difference between the two regions.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why should we care?<\/h2>\n\n\n\n<p>Commodity price bubbles can significantly disrupt economies, increasing inflation and complicating risk management for producers, consumers, and insurers. When prices soar, it\u2019s not just investors who are affected\u2014farmers, manufacturers, and even consumers feel the impact.<\/p>\n\n\n\n<p>In China, the persistence of speculation-driven bubbles highlights the need for regulatory attention. By curbing excessive speculation, regulators can help prevent extreme price swings and protect both local and global markets from unnecessary turmoil.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion: Bubbles, behaviour, and markets<\/h2>\n\n\n\n<p>In the end, commodity price bubbles are often the result of both economic factors and investor behaviour. While global markets tend to react more to fundamentals like supply and demand, China\u2019s market is particularly susceptible to speculative bubbles driven by emotional responses. As these bubbles burst, they can have far-reaching consequences, not just for traders but for entire industries and economies.<\/p>\n\n\n\n<p>By understanding the factors that drive these bubbles, market participants and regulators can better prepare for\u2014and potentially mitigate\u2014the damaging effects of these market swings.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p class=\"author label\"><strong>AUTHORS<\/strong><\/p>\n\n\n\n<p><em>Dr John Fan and Dr Neda&nbsp;Todorova are members of the <a href=\"https:\/\/www.griffith.edu.au\/asia-institute\/\">Griffith Asia Institute<\/a>,&nbsp;Dr Adrian&nbsp;Fernandez-Perez is from &nbsp;University College Dublin, Ireland and Dr Ivan&nbsp;Indriawan is from University of Adelaide, Australia.<\/em><\/p>\n\n\n\n<p><em>This article is a synopsis of the journal article, \u201c<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S2405851324000564\">When Chinese mania meets global frenzy: Commodity price bubbles<\/a>\u201c published in the Journal of Commodity Markets, written by John Hua&nbsp;Fan,&nbsp;Adrian&nbsp;Fernandez-Perez,&nbsp;Ivan&nbsp;Indriawan and&nbsp;Neda&nbsp;Todorova.&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a price bubble occurs when the price of a commodity (like oil, metals, or grains) gets far higher than what it\u2019s worth. This is often driven by speculation rather than actual<a href=\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\">Continue reading <span class=\"sr-only\">&#8220;Bubble trouble: Why speculation in China\u2019s commodity market affects the world&#8221;<\/span><\/a><\/p>\n","protected":false},"author":14,"featured_media":11388,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[2066,2142,245,1728],"tags":[284,2321,2319,2318,615,2320,1647,2317],"class_list":["post-11387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-innovation","category-journal-article","category-china-and-north-east-asia","category-sdg8","tag-china","tag-china-economy","tag-commodity-market","tag-commodity-price-bubble","tag-economy","tag-global-market","tag-john-fan","tag-neda-todorova"],"acf":[],"modified_by":"Jill Moriarty","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bubble trouble: Why speculation in China\u2019s commodity market affects the world | Griffith Asia Insights<\/title>\n<meta name=\"description\" content=\"JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a In a world where commodity prices can swing wildly, it\u2019s essential to understand what drives these fluctuations. John Fan and Neda Todorova explore the phenomenon of commodity price bubbles, comparing how they behave in Chinese markets versus global markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bubble trouble: Why speculation in China\u2019s commodity market affects the world | Griffith Asia Insights\" \/>\n<meta property=\"og:description\" content=\"JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a In a world where commodity prices can swing wildly, it\u2019s essential to understand what drives these fluctuations. John Fan and Neda Todorova explore the phenomenon of commodity price bubbles, comparing how they behave in Chinese markets versus global markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\" \/>\n<meta property=\"og:site_name\" content=\"Griffith Asia Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/griffithasiainstitute\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-27T22:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-21T03:26:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/blogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2024\/10\/china-commodity-price-bubble.jpg?fit=900%2C495&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"495\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Griffith Asia Institute\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GAIGriffith\" \/>\n<meta name=\"twitter:site\" content=\"@GAIGriffith\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Griffith Asia Institute\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\"},\"author\":{\"name\":\"Griffith Asia Institute\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/person\/8121b8aa336749474cbaca380c03029a\"},\"headline\":\"Bubble trouble: Why speculation in China\u2019s commodity market affects the world\",\"datePublished\":\"2024-10-27T22:30:00+00:00\",\"dateModified\":\"2024-10-21T03:26:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\"},\"wordCount\":786,\"publisher\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#organization\"},\"keywords\":[\"China\",\"China economy\",\"Commodity market\",\"Commodity price bubble\",\"Economy\",\"Global market\",\"John Fan\",\"Neda Todorova\"],\"articleSection\":[\"Business and innovation\",\"Journal article\",\"Region | China and Northeast Asia\",\"SDG 8 Decent work and economic growth\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\",\"url\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\",\"name\":\"Bubble trouble: Why speculation in China\u2019s commodity market affects the world | Griffith Asia Insights\",\"isPartOf\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#website\"},\"datePublished\":\"2024-10-27T22:30:00+00:00\",\"dateModified\":\"2024-10-21T03:26:02+00:00\",\"description\":\"JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a In a world where commodity prices can swing wildly, it\u2019s essential to understand what drives these fluctuations. John Fan and Neda Todorova explore the phenomenon of commodity price bubbles, comparing how they behave in Chinese markets versus global markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bubble trouble: Why speculation in China\u2019s commodity market affects the world\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#website\",\"url\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/\",\"name\":\"Griffith Asia Insights\",\"description\":\"Asia Insights is published by the Griffith Asia Institute. It offers latest commentary on Asia-Pacific affairs and aims to inform and foster academic scholarship, public awareness and considered and responsive policy making.\",\"publisher\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#organization\",\"name\":\"Griffith Asia Institute\",\"url\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/blogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/10\/GU_Griffith-Asia-Institute_rgb_red_horizontal.png?fit=2930%2C308&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/blogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/10\/GU_Griffith-Asia-Institute_rgb_red_horizontal.png?fit=2930%2C308&ssl=1\",\"width\":2930,\"height\":308,\"caption\":\"Griffith Asia Institute\"},\"image\":{\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/griffithasiainstitute\/\",\"https:\/\/twitter.com\/GAIGriffith\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/person\/8121b8aa336749474cbaca380c03029a\",\"name\":\"Griffith Asia Institute\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f133de65681da3b20ddbc1917f066f458d355d7dfa1f214b10ff4bd135d5ab6c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f133de65681da3b20ddbc1917f066f458d355d7dfa1f214b10ff4bd135d5ab6c?s=96&d=mm&r=g\",\"caption\":\"Griffith Asia Institute\"},\"url\":\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/author\/gaigriffith-edu-au\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bubble trouble: Why speculation in China\u2019s commodity market affects the world | Griffith Asia Insights","description":"JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a In a world where commodity prices can swing wildly, it\u2019s essential to understand what drives these fluctuations. John Fan and Neda Todorova explore the phenomenon of commodity price bubbles, comparing how they behave in Chinese markets versus global markets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/","og_locale":"en_US","og_type":"article","og_title":"Bubble trouble: Why speculation in China\u2019s commodity market affects the world | Griffith Asia Insights","og_description":"JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a In a world where commodity prices can swing wildly, it\u2019s essential to understand what drives these fluctuations. John Fan and Neda Todorova explore the phenomenon of commodity price bubbles, comparing how they behave in Chinese markets versus global markets.","og_url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/","og_site_name":"Griffith Asia Insights","article_publisher":"https:\/\/www.facebook.com\/griffithasiainstitute\/","article_published_time":"2024-10-27T22:30:00+00:00","article_modified_time":"2024-10-21T03:26:02+00:00","og_image":[{"width":900,"height":495,"url":"https:\/\/i0.wp.com\/blogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2024\/10\/china-commodity-price-bubble.jpg?fit=900%2C495&ssl=1","type":"image\/jpeg"}],"author":"Griffith Asia Institute","twitter_card":"summary_large_image","twitter_creator":"@GAIGriffith","twitter_site":"@GAIGriffith","twitter_misc":{"Written by":"Griffith Asia Institute","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/#article","isPartOf":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/"},"author":{"name":"Griffith Asia Institute","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/person\/8121b8aa336749474cbaca380c03029a"},"headline":"Bubble trouble: Why speculation in China\u2019s commodity market affects the world","datePublished":"2024-10-27T22:30:00+00:00","dateModified":"2024-10-21T03:26:02+00:00","mainEntityOfPage":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/"},"wordCount":786,"publisher":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#organization"},"keywords":["China","China economy","Commodity market","Commodity price bubble","Economy","Global market","John Fan","Neda Todorova"],"articleSection":["Business and innovation","Journal article","Region | China and Northeast Asia","SDG 8 Decent work and economic growth"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/","url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/","name":"Bubble trouble: Why speculation in China\u2019s commodity market affects the world | Griffith Asia Insights","isPartOf":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#website"},"datePublished":"2024-10-27T22:30:00+00:00","dateModified":"2024-10-21T03:26:02+00:00","description":"JOHN FAN AND NEDA TODOROVA&nbsp; |&nbsp; Commodity price bubbles can have a huge impact on economies, but what exactly causes them? In simple terms, a In a world where commodity prices can swing wildly, it\u2019s essential to understand what drives these fluctuations. John Fan and Neda Todorova explore the phenomenon of commodity price bubbles, comparing how they behave in Chinese markets versus global markets.","breadcrumb":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/bubble-trouble-why-speculation-in-chinas-commodity-market-affects-the-world\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/"},{"@type":"ListItem","position":2,"name":"Bubble trouble: Why speculation in China\u2019s commodity market affects the world"}]},{"@type":"WebSite","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#website","url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/","name":"Griffith Asia Insights","description":"Asia Insights is published by the Griffith Asia Institute. It offers latest commentary on Asia-Pacific affairs and aims to inform and foster academic scholarship, public awareness and considered and responsive policy making.","publisher":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#organization","name":"Griffith Asia Institute","url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/blogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/10\/GU_Griffith-Asia-Institute_rgb_red_horizontal.png?fit=2930%2C308&ssl=1","contentUrl":"https:\/\/i0.wp.com\/blogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2023\/10\/GU_Griffith-Asia-Institute_rgb_red_horizontal.png?fit=2930%2C308&ssl=1","width":2930,"height":308,"caption":"Griffith Asia Institute"},"image":{"@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/griffithasiainstitute\/","https:\/\/twitter.com\/GAIGriffith"]},{"@type":"Person","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/person\/8121b8aa336749474cbaca380c03029a","name":"Griffith Asia Institute","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f133de65681da3b20ddbc1917f066f458d355d7dfa1f214b10ff4bd135d5ab6c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f133de65681da3b20ddbc1917f066f458d355d7dfa1f214b10ff4bd135d5ab6c?s=96&d=mm&r=g","caption":"Griffith Asia Institute"},"url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/author\/gaigriffith-edu-au\/"}]}},"jetpack_featured_media_url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2024\/10\/china-commodity-price-bubble.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_likes_enabled":true,"featured_image_thumbnail_url":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-content\/uploads\/sites\/2\/2024\/10\/china-commodity-price-bubble.jpg","_links":{"self":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/posts\/11387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/comments?post=11387"}],"version-history":[{"count":0,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/posts\/11387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/media\/11388"}],"wp:attachment":[{"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/media?parent=11387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/categories?post=11387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/wp-json\/wp\/v2\/tags?post=11387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}