The cause of its formation is that this kind of fake and inferior commodity is very cheap relative to its original.

其形成原因是这类假冒伪劣产品相对于“正品”的巨大价格优势。

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And cash, today's currency of choice, is a remarkably cheap commodity thanks to low interest rates and abundant liquidity.

ECONOMIST: Mergers and acquisitions

So if gas becomes a global commodity, as oil is, the cheap supply from the US could drive down prices around the world, and encourage investment in other shale gas basins.

BBC: Energy bills, and loose change

More broadly, Novartis's investment is a bet albeit a modest one, given its gigantic research budget that China is now evolving into more than just a commodity producer with cheap labour.

ECONOMIST: Novartis