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Trump, Xi to impact resource-dependent countries in 2017

US infrastructure spending, China's capacity cuts to sway commodities prices

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Trucks travel along a road inside a copper mine.   © Reuters

HONG KONG "Dr. Copper" -- global economists often use this nickname as they keep a close watch on the metal's price swings. Copper is used in a wide range of products, from home electronics to cars to power cables, and its price is an accurate bellwether for the global economy.

It is also the biggest export item for Mongolia. According to the Bank of Mongolia, the country's central bank, copper accounted for 48% of the country's total exports in 2015.

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