Copper price extends gain on Chinese recovery while US election looms
Prices climbed as much as 0.9% after China’s monthly services activity expanded at the fastest pace since July.
China said it is willing to strengthen cooperation in port connectivity, mineral development and infrastructure construction with Mongolia, Chinese official news agency Xinhua said.
Chinese Premier Li Qiang, when meeting with Mongolian Prime Minister Luvsannamsrain Oyun-Erdene, said late on Tuesday that China would support more “qualified enterprises” to invest in Mongolia, and in return hopes for a stable and predictable business environment for Chinese firms.
(By Liz Lee and Shanghai newsroom; Editing by Leslie Adler)
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