Strong Optimism for China’s Economic Growth while Eurozone May Tap into Recession

It is necessary to continue to pay attention to relevant economic data in Europe. If the economic data cools down more than expected and the European Central Bank still raises interest rates aggressively, the euro zone may also enter an economic recession and thus put pressure on copper prices.

In China, Macron’s visit to China has reset Sino-French and Sino-EU relations, and the macroeconomic environment has eased. Overseas countries have high expectations for China’s economic growth.