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MNI China Daily Summary: Friday, August 16

MNI (BEIJING) - EXCLUSIVE: China will see flat 4% copper consumption growth in H2 as fiscal stimulus measures counter the expected 2% demand decline driven by the property-market slump, local analysts have told MNI. 

EXCLUSIVE: China’s Loan Prime Rate will likely hold steady next Tuesday amid an unchanged 7-day reverse repo rate, but sluggish credit demand and soft economic performance will likely push the central bank to ease later this year, economists told MNI. 

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MNI (BEIJING) - EXCLUSIVE: China will see flat 4% copper consumption growth in H2 as fiscal stimulus measures counter the expected 2% demand decline driven by the property-market slump, local analysts have told MNI. 

EXCLUSIVE: China’s Loan Prime Rate will likely hold steady next Tuesday amid an unchanged 7-day reverse repo rate, but sluggish credit demand and soft economic performance will likely push the central bank to ease later this year, economists told MNI. 

Keep reading...Show less