Fears
of China's Use of Copper for Loans May Be Overblown
--------------
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
--------------
銅價在今年3月份跌至三年半低點，因此前中國發(fā)生了近二十年來的首次企業(yè)債券違約事件，該事件引發(fā)了投資者對于中國政府正對該國銀行體系外的非正規(guī)借貸交易進行打擊的擔憂。一些市場觀察人士稱，投資者對于中國銅融資交易被解除的擔憂可能有些過度。