Copper to Stay High as China Slows, Top Producer Chile Says

Chile, the world’s biggest copper producer, expects prices of the metal to remain high even if China’s economic growth slows, President Sebastian Pinera said.

Chinese growth may slow to rates of 7 percent to 9 percent, which would still be enough to keep commodity prices high for “a very long period of time,” Pinera, 61, said today in an interview with Bloomberg Television from Paris. “Our expectation is for copper to remain high,” he said.