China's dominance in the global commodity markets, in one chart

[onebyone]

If you needed any further evidence of how important China is when it comes to the outlook for global commodity prices, this chart surely seals the deal:

Morgan Stanley

From Morgan Stanley, it shows China’s share of total global demand for a variety of major commodities, both now and where it’s projected to sit in the future.

Dominant is probably the most appropriate word to use, with the nation accounting for over 50% of total iron ore, alumina, nickel, thermal coal and thermal coal demand, and over 40% for zinc, copper, lead, zinc, steel and coking coal.

With statistics like that, what happens in the Chinese economy will be felt by commodity producing nations and miners around the world.

Read the original article on Business Insider Australia. Copyright 2017. Follow Business Insider Australia on Twitter.

http://www.businessinsider.com/chinas-dominance-in-the-global-commodity-markets-in-one-chart-2017-8

 

[ZeEa5KPul]

Economic dominance is not enough. China must dominate in all dimensions. Full spectrum dominance.

 

[AndrewJin]

Dominance =/= Supa Powa 2012

 

[kankan326]

Accept it or not, Indians can not ban "made in China" unless they want to go back to stone age.

 

[AndrewJin]

Accept it or not, Indians can not ban "made in China" unless they want to go back to stone age.

They enjoy Stone Age very much.

 

[Jlaw]

They enjoy Stone Age very much.

True. Stone age will allow continuation of outdoor shitting and peeping at women bathing

 

[rcrmj]

Accept it or not, Indians can not ban "made in China" unless they want to go back to stone age.

wont cost a lot for them to back to stone age```as their society is only two steps away from stone age, it is more like a feudal alike + slavery hybird style culture