Latest from People
Latest from People
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Bloomberg BusinessWeek has a huge special section looking into China's role in the copper market and copper's role in China's growth. Under the title "China's Red Gold", the package uses articles, video and interactive graphics to explore China's worldwide pursuit of copper reserves and how it's using all that copper to modernize and urbanize its infrastructure.
"China's consumption will almost double by the end of 2020 to account for 49 percent of world copper sales, according to CRU, a London-based mining and metals consulting firm."
This, to say the least, could make things very interesting for U.S. electrical manufacturers over the next decade.