GFM Network News


Brace for more commodity volatility due to China

China’s real estate bubble is deflating as the economy slows

When someone asks where commodity prices are headed, they’re really asking: what’s the outlook for China? Last year, China consumed more coal than the rest of the world combined and imported 70 per cent of the world’s seaborne iron ore. In 2012, China accounted for half of the global growth in oil demand. It’s a