China’s Hunger for Commodities Is Wavering After Years of Growth

August 22, 2022/in /by Rudolf Huber

And it will go down a lot more. In fact, I can see a time coming when China might totally stop importing many commodities for which it is the biggest customer today altogether. Extreme? You think? We know that China has been cheating on its growth figures for decades today. We know that they are sitting on a real estate bubble of unprecedented proportions. We know that their population was overstated in the last census and that they are already shrinking. We also know that based on those trends China will half itself within a few decades and has no retirement system for armies of folks too old to work. This is not a good place anymore.

China’s Hunger for Commodities Is Wavering After Years of Growth - BNN Bloomberg

China’s imports of key commodities face some mighty headwinds in the second half, which could spell trouble for the producers around the globe that rely on its economic engine to power demand for their energy,…

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