He explained that China's growth was slowing even before the trade tensions, and the IMF projects growth will gradually slow further as a result of demographics and productivity.
If Chinese growth is the main driver of copper prices, why doesn't the options market react more vigorously to Chinese growth than, say, U.S. monetary policy?
Growth in China is sustained thanks to a substantial increase in public expenditurein order to compensate for the loss of foreign markets as a consequence of the crisis in the USA, Europe and Japan.
The growth of China has also proven how traditional cultures and etiquettes get more branded(i.e., widely viewed as delicacies) with a rise in the economy.
While Chinese growth drives the underlying price of copper, U.S. monetary policy exerts a strong influence on the general cost of options for a wide range of markets, including equities, bonds, currencies, precious metals and agricultural products.
The growth experienced in China also impacted on other countries, such as those in Africa that were able to increase their exports to China due to higher levels of demand for commodities.[42] In other countries, poverty reduction was often due to domestic programmes designed to improve access to state welfare rather than the MDGs per se, as exemplified by the successful Bolsa Familia program in Brazil.
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