China may be trying to transition to a services-led high technology economy that doesn’t rely as much on manufacturing but that shift will take years. In the meantime, Chinese factories still need to rely on vast amounts of minerals, metals, and other mining products to bolster their output, particularly in new strategic industries like electric vehicle batteries.
S&P Market Intelligence assembled a series of six charts that reveal key trends in Chinese mineral/metal sourcing. The information reveals just how important China’s mining investment and trade relationships with suppliers in both Africa and Australia are to its economy.