Year of the bull: China's leaders plan major economic shift to boost growth, page-46

Copper has risen for the third time in four sessions after China’s GDP rose a better than expected 7.3% in the December quarter.

China, the world’s largest user of industrial metals, also reported that its GDP was up 7.4% in 2014.

On the London Metal Exchange, copper for delivery in three months rose 0.3% to settle at US$5,690 a tonne.

Copper futures for March delivery fell 0.9% on the Comex in New York to US$2.594 a pound

The gains for China’s economic growth indicate that the government’s stimulus efforts are starting to kick in.

The International Monetary Fund on Monday has also increased its outlook for expansion in the U.S., the second-largest metal consumer.