Commodities imports drop
CHINA’S imports of commodities fell in April from the previous month as domestic demand weakened, data released yesterday by the General Administration of Customs showed.
Copper imports fell 20.5 percent month on month while those of steel, coal and iron ore dropped 13.4, 4.57 and 2.7 percent respectively.
Copper imports fell as China accounted for 78 percent of the global supply and domestic demand eased.
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