04 Oct, 23

Goldman Sachs: China’s Demand For Oil And Copper Is Booming

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Worries about the waning strength of China’s economy have been weighing heavily on many commodity and financial sectors in the current year. Economic pundits have warned that China’s rapid growth since the global financial crisis are unlikely to be replicated in the next decade, particularly in sectors of property construction and local government investment. Indeed,  China’s economic slowdown has mainly manifested  in the property sector’s decline, hardly surprising considering that the industry represented 20 to 25…

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