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Will China Stimulus Revive Copper? | Presented by CME Group
Posted
March 4, 2024
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as posted by the channelThe malaise enveloping China’s economy continues to generate significant headwinds for copper prices. China’s 55% share of global consumption makes it by far the world’s largest consumer of the industrial metal, but falling domestic consumer activity and a slump in GDP has significantly dimmed that appetite. Will a raft of stimulus measures recently announced by China’s authorities revive copper? Presented by @cmegroup
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