China is the world’s largest copper producer and consumer, accounting for more than half of global copper use. A global copper processor said orders for high-voltage electromagnetic flat wire used in new energy vehicles are booked through H2 2027, creating heavy raw-copper demand; the firm buys about 1.9 mln tonnes of primary and recycled copper annually. Industry forecasts put China’s NEV copper demand at 1.84 mln tonnes in 2026 and above 2.0 mln tonnes in 2027. Global data-center copper consum

At its 2025 annual shareholders’ meeting, Vanke said it had repaid 33.21 bln yuan of publicly issued bonds as of March 2026. Excluding shareholder loans, the group completed 28.0 bln yuan of new issuance and refinancing in 2025 and cut the blended cost of outstanding financing to 3.02%, down 85 bps year‑on‑year. Six public bond extension proposals, including 22 Vanke MTN0004 and 22 Vanke MTN005, were approved by bondholder meetings. On balance-sheet optimization, Vanke said it activated and optimized 33.85 bln yuan of existing inventory and added equivalent new capacity in 2025, acquiring 23 projects; 18 newly launched projects reached an investment conversion rate of 84%, with six projects acquired and opened the same year achieving 100% conversion.

France Q1 GDP final YoY 0.9% vs 1.1% expected; prior 1.1%.