Copper loses shine for investors on China's mixed recovery

Fund outflows increase after an early bump from lifting of COVID restrictions

20230501N Copper

Copper is an essential material for electric cars and the infrastructure needed to power them. © Reuters

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- Investors have cooled on copper despite better than expected economic growth in China as they weigh the outlook for manufacturing and construction in the world's biggest consumer of the metal.

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