Fears
of China's Use of Copper for Loans May Be Overblown
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Prices
for the industrial metal dropped to a 3 1/2 -year low in March, after China's
first corporate default in nearly two decades sparked fears that the government
was cracking down on quasi-legal deals that occur on the periphery of its
banking system.Investors' worries about the unwinding of China's copper-fueled
financing deals were probably overblown, some market watchers are
saying.
投資者對(duì)中國(guó)銅融資的擔(dān)憂或有些過(guò)度
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銅價(jià)在今年3月份跌至三年半低點(diǎn)，因此前中國(guó)發(fā)生了近二十年來(lái)的首次企業(yè)債券違約事件，該事件引發(fā)了投資者對(duì)于中國(guó)政府正對(duì)該國(guó)銀行體系外的非正規(guī)借貸交易進(jìn)行打擊的擔(dān)憂。一些市場(chǎng)觀察人士稱，投資者對(duì)于中國(guó)銅融資交易被解除的擔(dān)憂可能有些過(guò)度。