Yesterday China officials reported that their economy grew slightly faster than expected in the three months to March. The economy expanded at 6.4% in the first quarter from a year earlier vs. the forecast of 6.3%. In additional, factory output jumped 8.5% in March.
China is taking a “by any means necessary” approach to boost its slowing economy, but don’t call this a comeback yet. I mean it was only one quarter, for that matter the whole world has been on fire to start the year. Nevertheless, the news was enough to send the copper prices to a 10 month high
Add your Scripsio!
Comments