iconOct 25, 2023 08:03
Source:SMM
On Tuesday, LME copper rebounded, driven by China's approval of more stimulus measures to offset worries of a stronger US dollar and possible recession in other major economies. The Chinese central government will issue an additional 1 trillion yuan in bonds in the fourth quarter of this year, all of which will be arranged to local governments through transfer payments to support post-disaster reconstruction and make up for the shortcomings of disaster prevention and relief, overall enhancing China's ability to resist natural disasters.

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