China consumption raw materials

China’s consumption of raw materials dwarfs the rest of the world

Eric Garland DataLab

From Visual Capitalist, one country represents 20% of the world’s population, 13% of its economy, and yet consumes over 50% of the concrete, steel, and coal.

This should give one a sense of how interconnected and dependent the entire world is on the Chinese economy.

This is why we will bail out each others’ banks and avoid war. Any upset to this balance would destroy nearly every market sector.