What is China’s share of global commodity consumption?
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Mining and Metals
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.
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Author: Sam Ris a deputy editor at Business Insider.
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