The Bretton Woods 2 system – where China and then the oil-exporters provided (subsidized) financing to the US to sustain their exports – will come close to ending, at least temporarily. If the US and Europe are not importing much, the rest of the world won’t be exporting much.
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China - December copper imports up 18% m-o-m, but total 2011 imports down 5.1% y-o-y - 1 views
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China Refined Copper Imports Decline 1% in August, Customs Says-China Mining - 0 views
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Southern Copper Corp: 2010 Copper Output Seen 500,000 Tons - 0 views
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China - Refined copper and semis imports surprisingly strong in January - 0 views
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China - copper imports reach 20-month high on widespread restocking - 0 views
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