(Bloomberg) -- Copper prices fell for a second day in
Shanghai amid concern that China may introduce further measures
to slow economic growth, curbing demand in the world's biggest
consumer of the metal.
China may raise lending and deposit rates at least once more
this year to cool investment and curb asset bubbles, according to
a Bloomberg survey of economists on June 5. The central bank last
month raised interest rates for the second time this year, and
the benchmark CSI 300 Index of Chinese shares has plunged 12
percent since closing at a record 4168.29 on May 29.
Read more at Bloomberg Commodities News
Shanghai amid concern that China may introduce further measures
to slow economic growth, curbing demand in the world's biggest
consumer of the metal.
China may raise lending and deposit rates at least once more
this year to cool investment and curb asset bubbles, according to
a Bloomberg survey of economists on June 5. The central bank last
month raised interest rates for the second time this year, and
the benchmark CSI 300 Index of Chinese shares has plunged 12
percent since closing at a record 4168.29 on May 29.
Read more at Bloomberg Commodities News
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