Geographies in Depth

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.

screen shot 2015-08-11 at 5.27.51 pmBank 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.

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Author: Sam Ris a deputy editor at Business Insider.

Image: Workers stand outside a construction site after a day’s work in Beijing’s central business district. REUTERS/Jason Lee
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