China's slowdown impact on global copper pricing trend

摘要

Globally, copper prices are passing through five and half years of lowest level phase driven by aggressive selling by Chinese investors. The Chinese housing market is at risk due to economic imbalances. It is causing a dramatic slowdown for copper metal which is spreading around the world. China's economy accounts for approximately 12.5% of the world's total nominal GDP, so the trade impact would touch virtually every product type and country.