China’s copper consumption will grow just 8% to 5.13 million tons this year after surging 22% last year to 4.74 million tons, the Shanghai Business Journal reported, citing a projection from Shanghai Maike Dickson Investment Management, a unit of Maike Metal International Group, a leading Chinese metal trader. The trader said its projection took into account the central government’s stringent monetary and credit tightening policies aimed at checking domestic copper demand. The 2008 forecast allows for a 10% cut in consumption ...