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.
投資者對中國銅融資的擔憂或有些過度
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銅價在今年3月份跌至三年半低點，因此前中國發生了近二十年來的首次企業債券違約事件，該事件引發了投資者對於中國政府正對該國銀行體系外的非正規借貸交易進行打擊的擔憂。一些市場觀察人士稱，投資者對於中國銅融資交易被解除的擔憂可能有些過度。