What is China’s share of global commodity consumption?
From Bank of America Merrill Lynch’s Research Investment Committee:
China is both the largest producer and largest consumer of aluminum and iron ore, and the largest consumer of most other commodities (around 40-50% of copper; Chart 4). In the past 10 years, commodity demand growth in China represented between 50% and 100% of global consumption increases across most major commodity markets.
Bank of America Merrill Lynch
This article is published in collaboration with Business Insider. Publication does not imply endorsement of views by the World Economic Forum.
To keep up with Agenda subscribe to our weekly newsletter.
Author: Sam Ris a deputy editor at Business Insider.
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Mining and Metals
Related topics:
Forum Stories newsletter
Bringing you weekly curated insights and analysis on the global issues that matter.
More on Geographies in DepthSee all
Naoko Tochibayashi and Mizuho Ota
December 23, 2024
