China Consumes Mind-Boggling Amounts of Raw Materials [Chart]

There is no doubt that the world has often relied on the Chinese economic growth.

China is responsible for consuming a big proportion of the world’s materials used in infrastructure.

Amongst some of its consumption results is:

• 54% of aluminum, 48% of copper, 50% of nickel, 45% of all steel, and 60% of concrete
• 23% of gold and 15% of the world’s silver supply
• 30% of rice, 22% of corn, and 17% of wheat
• 49% of coal for power generation
• 13% of the world’s uranium and 12% of all oil

The infographic below identifies China’s enormous consumption of raw materials and its affect on commodity producers:

Source: www.visualcapitalist.com

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Originally published at Property Update.