China’s copper market needs more stimulus, says top importer

  • 📰 mining
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

No 1 source of global mining news and opinion

China needs to deploy more economic stimulus if copper demand is to revive, according to a major importer of the metal.

The finance ministry’s most recent pledges included $1.4 trillion to bail out heavily indebted local governments, but stopped short of the direct steps to unlock consumer spending that the market craves. The copper market in China is at a critical juncture. Enthusiasm for the metal deemed crucial to the world’s energy transition is being undercut by domestic oversupply, as well as concerns that Donald Trump’s election victory in the US will bring more tariffs on Chinese goods.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 449. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines