China’s Commodities Binge Makes America’s Future More Expensive

The video discusses China's strategic copper purchases during the pandemic, which significantly impacted global copper prices and market conditions. China's actions, along with ambitious infrastructure plans in the US and Europe, have tightened the market and driven prices up. Analysts predict that copper prices could reach new highs due to increased demand for infrastructure, renewables, and electric vehicles. The video also highlights the ongoing demand for copper in major economies and the potential challenges in meeting this demand.

What predictions are being made about the future price of copper in relation to infrastructure spending?

How is China expected to manage its copper purchases in the coming years?