The Effects of Increasing Chinese Demand on Global Commodity Markets, Staff Research Study #28
Title | The Effects of Increasing Chinese Demand on Global Commodity Markets, Staff Research Study #28 PDF eBook |
Author | |
Publisher | DIANE Publishing |
Pages | 108 |
Release | |
Genre | |
ISBN | 1457818957 |
The Effects of Increasing Chinese Demand on Global Commodity Markets
Title | The Effects of Increasing Chinese Demand on Global Commodity Markets PDF eBook |
Author | |
Publisher | |
Pages | 0 |
Release | 2006 |
Genre | Commercial products |
ISBN |
The Impact of China on Global Commodity Prices
Title | The Impact of China on Global Commodity Prices PDF eBook |
Author | Masuma Farooki |
Publisher | Routledge |
Pages | 260 |
Release | 2013-06-17 |
Genre | Business & Economics |
ISBN | 1136581960 |
Drawing on a large number of diverse sources, How China Disrupted Global Commodities comprehensively and systematically evidences the trends in the prices of different sets of commodities, analyses the drivers of China’s demand for commodities the factors constraining global supply and in the role which the financialisation of commodities is playing in constraining commodity production. It also documents and the growing role of China as a foreign investor in the commodities sectors. All of these trends are woven together to explore the fabric of strategic choices confronting public and private sector decision-makers.
China's Footprint in Global Commodity Markets
Title | China's Footprint in Global Commodity Markets PDF eBook |
Author | Ms.Christina Kolerus |
Publisher | International Monetary Fund |
Pages | 26 |
Release | 2016-09-27 |
Genre | Business & Economics |
ISBN | 1475542054 |
This note assesses empirically the role Chinese activity plays in global commodities markets, showing that the strength of China’s economic activity has a significant bearing on commodity prices, but that the impact differs across commodity markets, with industrial production shocks having a substantial impact on metals and crude oil prices and less so on food prices. The size of the impact on the prices of specific commodities varies with China’s footprint in the market for those commodities; the empirical estimates indicate that, over a one-year horizon, a 1 percent increase in industrial production leads to a 5–7 percent rise in metals and fuel prices. The surprise component in Chinese industrial production announcements has a bearing on commodity prices that is comparable in magnitude to that of industrial production surprises in the United States, and this impact is much larger when global risk aversion is high.
In China's Wake
Title | In China's Wake PDF eBook |
Author | Nicholas Jepson |
Publisher | Columbia University Press |
Pages | 239 |
Release | 2020-01-07 |
Genre | Business & Economics |
ISBN | 0231547595 |
In the early 2000s, Chinese demand for imported commodities ballooned as the country continued its breakneck economic growth. Simultaneously, global markets in metals and fuels experienced a boom of unprecedented extent and duration. Meanwhile, resource-rich states in the Global South from Argentina to Angola began to advance a range of new development strategies, breaking away from the economic orthodoxies to which they had long appeared tied. In China’s Wake reveals the surprising connections among these three phenomena. Nicholas Jepson shows how Chinese demand not only transformed commodity markets but also provided resource-rich states with the financial leeway to set their own policy agendas, insulated from the constraints and pressures of capital markets and multilateral creditors such as the International Monetary Fund. He combines analysis of China-led structural change with fine-grained detail on how the boom played out across fifteen different resource-rich countries. Jepson identifies five types of response to boom conditions among resource exporters, each one corresponding to a particular pattern of domestic social and political dynamics. Three of these represent fundamental breaks with dominant liberal orthodoxy—and would have been infeasible without spiraling Chinese demand. Jepson also examines the end of the boom and its consequences, as well as the possible implications of future China-driven upheavals. Combining a novel theoretical approach with detailed empirical analysis at national and global scales, In China’s Wake is an important contribution to global political economy and international development studies.
Winner Take All
Title | Winner Take All PDF eBook |
Author | Dambisa Moyo |
Publisher | Harper Collins |
Pages | 248 |
Release | 2012-05-29 |
Genre | Business & Economics |
ISBN | 1443407429 |
Newspaper headlines and media commentators scream warnings of the impending doom nearly every day—shortages of arable land, clashes over water, and the political Armageddon as global demand for energy in the form of fossil fuels far outstrips any possible supply. The picture painted is bleak, and the possible impact of commodities markets on how we live is far-reaching, but our grasp of the details and the mega shifts in the commodity space remains blurred. There’s so much noise surrounding resource scarcity and China’s emerging dominance in commodities that we risk complacency. Overturning our assumptions, bestselling author Dambisa Moyo charts the commodity dynamics that the world will face over the next several decades, and the implications of China’s rush for resources across all regions of the world, from Africa to Latin America, from North America to Europe to Australia.
China's Impact on World Commodity Markets
Title | China's Impact on World Commodity Markets PDF eBook |
Author | Shaun K. Roache |
Publisher | |
Pages | 0 |
Release | 2012 |
Genre | |
ISBN |
Shocks to aggregate activity in China have a significant and persistent short-run impact on the price of oil and some base metals. In contrast, shocks to apparent commodity-specific consumption (in part reflecting inventory demand) have no effect on commodity prices. China's impact on world commodity markets is rising but, perhaps surprisingly, remains smaller than that of the United States. This is mainly due to the dynamics of real activity growth shocks in the U.S, which tend to be more persistent and have larger effects on the rest of the world.