For commodities investors who want exposure to China, Jesper Dannesboe, senior strategist at Société Générale in London, has two words: buy copper.
The red metal, used very widely in electrical appliances, is traditionally considered a leading indicator for the health of the global economy. But in the past year it has become ever more finely tuned to the health of the Chinese economy.
Alex Heath, head of base metals at RBC Capital Markets, says that, not long ago, movements on the Shanghai Futures Exchange would be triggered by price movements on the London Metal Exchange.
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