China’s gloomy economic data hits confidence in non-ferrous metals market

Depressing key economic indicators that Beijing recently disclosed, as well as the default by a major property developer, have hit the confidence in China’s non-ferrous metals market.

The pessimism is not only mounting in China’s traditional economic pillars of real estate and exports but also spreading to the electric vehicle (EV) sector, an emerging economic driver.


Ruby Liu

Zihao Li

Jingtai Lun

Dylan Duan

Shiyue Zhao

August 18, 2023

05:50 GMT