Identifying the Linkages between Major Mining Commodity Prices and China’s Economic Growth—Implications for Latin America

Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key driver in the strong world demand for minerals and metals over the past decade. The urbanization and industrialization of China has been an important factor behind the increase in d...

Full description

Bibliographic Details
Main Author: Yu, Yongzhen
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02519nmm a2200505 u 4500
001 EB000929569
003 EBX01000000000000000723165
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781455226023 
100 1 |a Yu, Yongzhen 
245 0 0 |a Identifying the Linkages between Major Mining Commodity Prices and China’s Economic Growth—Implications for Latin America  |c Yongzhen Yu 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2011 
300 |a 36 pages 
651 4 |a China, People's Republic of 
653 |a Wealth 
653 |a Economics 
653 |a Saving 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a Investments: Metals 
653 |a International economics 
653 |a Copper 
653 |a Metals and Metal Products 
653 |a Cement 
653 |a Investments: Commodities 
653 |a Glass 
653 |a Commodities 
653 |a Ceramics 
653 |a Exports 
653 |a Consumption 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Investment & securities 
653 |a Commercial products 
653 |a Imports 
653 |a Commodity Markets 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781455226023.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/2011/086/001.2011.issue-086-en.xml?cid=24803-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key driver in the strong world demand for minerals and metals over the past decade. The urbanization and industrialization of China has been an important factor behind the increase in domestic demand and high investment growth, while its export sector is also an important source of growth and plays a critical role as a catalyst. Activity in infrastructure, construction, real estate, and automobile manufacturing all contribute to the strong demand for minerals. Over the next five years, the Chinese demand is expected to remain strong, supported by investment and gradually rising consumption rates. However, in the second part of this decade economic growth in China could slow down. For Latin American countries, export receipts should remain strong over the next five years and beyond, given the continued strong demand from China