News Snapshot:
China is the biggest commodity consumer in the world by virtue of its population and economic growth. Its economic health has a great bearing on the course of commodity prices – particularly metals and minerals. For a few years, China’s infrastructure spending has been driving growing demand for commodities including steel, copper and aluminium. However, that is about to change as Chinese growth slows. The implications for regional trading partners and the world remain to be seen. China’s fast-growing economy was sufficient to push imports higher each year. However, this year, the International Monetary Fund expects the Chinese economy to...
