China’s government has unveiled a plan to revive copper consumption, sending prices near a five-month high. The country’s retail sales rose 4% in the first two months of the year, driven by faster-than-expected growth at the start of the year. This increase helps offset the impact of US tariffs on Chinese exporters, which had put pressure on the metal market.
Source: https://www.bloomberg.com/news/articles/2025-03-17/copper-near-five-month-high-after-china-vows-to-boost-demand