China didn't drive commodity markets in 2022. It may in 2023

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China's commodity trade data for 2022 shows that prices and volumes weren't driven by the world's biggest buyer of natural resources. The question now is whether 2023 will see China reassert its dominance as the main driver of commodity markets. The market narrative for China's appetite for commodities has largely moved on from what was a soft 2022 to expectations of a strong 2023. After all, the world's second-largest economy is reopening and rebuilding after abandoning its strict zero-COVID policies. However, it's worth looking at what did happen last year. There were differences in China's 2022 commodities imports, and the…

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