Saturday, 16 April 2011
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China Supply, Demand Outlook for Copper: The Price Correction Continues
Market Movers Reports from China indicate the Chinese economy grew 9.7% in the first quarter of 2011 with foreign exchange holdings rising to a record $3 trillion. This brought about a fresh round of speculation that the Chinese government will tighten lending further in an attempt to curb and control inflation after two years of record credit expansion. The central bank has already raised
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