On long-term investing, dancing with risk against backdrop of reflation By Zhou Lanxu | China Daily | Updated: 2021-05-24 08:59 Share CLOSE Workers check steel product quality at a unit of Magang Group in Ma'anshan, Anhui province. [Photo by LUO JISHENG/FOR CHINA DAILY] The ongoing global reflation has implications for investment and may serve as a good case for young equity investors to learn how to dig returns from risks. The rising commodity prices and the feared inflationary risks may seem so real that they could keep some first-time stock or fund investors away from the market. Rising raw material prices can reinforce market bears' perception that central banks will quicken their steps to withdraw monetary stimulus and that economic recovery will be eroded as downstream sectors see profit margin squeezed and consumers bear higher prices.