INFOGRAPHIC: Investing in the rise of the new spending class
The world’s most populous country has been the primary engine of economic growth for decades, but recently investor optimism around China has diminished significantly.
Global exploration spending for base metals will nearly double within five years from the current annual $70 million to $80 million, CTO Laura Tyler says.
The release of state metal reserves is one of a number of attempts by Beijing to cool a stellar rally in commodity prices that has squeezed manufacturers’ margins.