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Metals Haven’t Crashed This Hard Since the Great Recession

“Even if China recovers in the second half, it won’t be able to single-handedly boost prices back to new highs — that age has gone,” Amelia Xiao Fu, head of commodities strategy at BOCI Global Commodities, said by phone from London. “If other major economies are heading towards a recession, China won’t be growing at exceptional rates either.”

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