Reuters reported that investors in China who import copper to fund domestic projects are looking to use an offshore yuan scheme after authorities tightened rules on repatriating foreign currency from re exports in April.

Trading and banking sources said that if the strategy succeeds, investors may not need to bring thousands of tonnes of bonded copper into Shanghai to resell it in the domestic market an outcome that could boost supply and weigh on prices in the world's top consumer.

(Sourced from Reuters)