China’s Surging Demand for Commodities Defies Expectations

China's surging demand commodities

China’s surging demand commodities defies expectations, with robust growth noted in copper, iron ore, and oil demand, according to a recent report by Goldman Sachs. The investment bank reported an impressive 8% year-on-year increase in China’s demand for copper, while appetite for iron ore and oil saw substantial gains of 7% and 6%, respectively, surpassing … Read more