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Since 2018, the escalating trade war between the United States and China is one of the most significant issues facing markets across all asset classes. The wave of protectionism in the form of US tariffs on Chinese goods and China's retaliation against US goods has distorted the prices of more than a few markets.
Meanwhile, commodities are global assets. China is the most populous nation in the world, with 1.4 billion people. Within its borders, China has over 18% of the world's population. Since all people are consumers of commodities, the Asian nation is the