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China consumes mind-boggling amounts of raw materials

By ValueWalk
Capital Markets

 

Over the last 20 years, the world economy has relied on the Chinese economic growth engine more than it would like to admit. The 1.4 billion people living in the world’s most populous country account for 13% of global GDP, which is significant no matter how it is interpreted. However, in the commodity sector, China has another magnitude of importance.

 

Source: Visual Capitalist

This story first appeared in ValueWalk
Photo: Stefan Jürgensen

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