US-China talks stabilise copper price

MINERS processing copper at one of the mines on the Copperbelt.

ZAMBIA’S major source of foreign exchange, copper, has continued trading above US$6,000 per tonne on the global market due to the upcoming talks between the United States (US) and China, which could bring the two countries closer to easing their seven-month trade war.
On Monday, US and Chinese officials expressed hopes that a new round of talks would bring them closer to easing their seven-month trade war, but a US Navy mission, through the disputed South China Sea, cast a shadow over the negotiations in Beijing.

Facebook Feed