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China's increasing financial liberalization has also seen major outlays in Shanghai by United States investment banks JP Morgan and Morgan Stanley, along with other key institutions such as Blackrock, the global investment company.
China's non-financial outbound direct investment (ODI) dropped 0.6 percent year-on-year to 169.03 billion yuan (.22 billion) in the first quarter of 2020, the Ministry of Commerce announced on Tuesday.
China's copper demand will decrease this year, according to estimates by Bloomberg Intelligence, as recovery during the second half of the year may not be enough to compensate for the fall in the first six months.
China's financial opening up is entering a new stage, while prominent distortions also appear in the global markets, such as distortion in global resource distribution brought by the "currency-based economic sanctions" against Russia, Iran and Venezuela, said Zhou, who warned that China should get prepared for long-term trade disputes.
China's consumer inflation increased by 1.6 percent last year, lower than the yearly control target of 3 percent. Analysts said it will moderately rise by over 2 percent this year, but will not trigger any major monetary policy adjustment.
来源：资阳报