Shanghai Futures Exchange copper ended down half a percent at 54,620 yuan ($8,249) a tonne on Thursday after in-line economic readings out of China signalled some moderation in growth. China's economic growth looked set to accelerate for the first time in seven years this year, after hardly skipping a beat in the third quarter, but efforts to cut risks in property and debt are beginning to weigh on parts of the world's second-largest economy.
"China's data was in line with expectations, so it's not surprising that markets haven't reacted too much," said Dan Hynes at ANZ in Sydney. Hynes said some measures of property investment had improved from August. "I suspect as (investors) do dig into the detail they are likely to be a little bit more positive."
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