On Wednesday Lin spoke to Kitco. On Monday the People's Bank of China made a surprise interest rate cut to shore up the country's economy. The country has seen too much housing speculation, expressed Lin.
Chen also noted that the Chinese market is"extremely important" to the miners noting that"every bull market in commodities in the past 20 years has been led by China."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.