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 …