China Seeks Copper, Metals in Central Asia, Ernst & Young Says

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Central Asia, holder of some of the largest deposits of rare metals such as tungsten and chromium, is increasingly an investment target for China because of low regulatory hurdles and transport cost, Ernst & Young LLP said.

Governments in the region, which includes Kazakhstan and Uzbekistan, look favorably on Chinese investments because of close political ties, Eleanor Wu, an Ernst & Young partner on transaction advisory services, said in an interview in Beijing.