Bloomberg Economics calculates that 1% slowdown in Chinese industrial production can shave as much as 5% off global oil prices. China is world’s biggest buyer of iron ore, and accounts for 40% of global demand for copper and 30% for nickel, zinc and tin.
bloomberg.com/news/articles/… https://t.co/2m8ecQud1k
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…