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China's emergence in global commodity markets

Author

Listed:
  • Brendan Coates

    (Treasury, Government of Australia)

  • Nghi Luu

    (Treasury, Government of Australia)

Abstract

This paper analyses the history of China’s demand for commodities — across energy, metals and agriculture — and the potential path of future demand. It compares China’s experience in recent decades with that of other recent industrialising economies, and considers the scale and pace of China’s commodity demand and its own domestic production on global commodity markets.

Suggested Citation

  • Brendan Coates & Nghi Luu, 2012. "China's emergence in global commodity markets," Economic Roundup, The Treasury, Australian Government, issue 1, pages 1-30, May.
    • Handle: RePEc:tsy:journl:journl_tsy_er_2012_1_1
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    File URL: http://www.treasury.gov.au/~/media/Treasury/Publications%20and%20Media/Publications/2012/Economic%20Roundup%20Issue%201/Downloads/01%20China%20Commodity%20demand.ashx
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    File URL: http://www.treasury.gov.au/PublicationsAndMedia/Publications/2012/Economic-Roundup-Issue-1/Report/global-commodity-markets
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Brendan Coates & Dougal Horton & Lachlan McNamee, 2012. "China: prospects for export-driven growth," Economic Roundup, The Treasury, Australian Government, issue 4, pages 79-102, December.
    2. Majumder, Monoj Kumar & Raghavan, Mala & Vespignani, Joaquin, 2020. "Oil curse, economic growth and trade openness," Energy Economics, Elsevier, vol. 91(C).
    3. Jing Ao & Jihui Chen, 2020. "Price Volatility, the Maturity Effect, and Global Oil Prices: Evidence from Chinese Commodity Futures Markets," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(4), pages 627-654, October.
    4. Majumderad, Monoj Kumar & Raghavan, Mala & Vespignani, Joaquin, 2020. "Oil Curse," MPRA Paper 101138, University Library of Munich, Germany, revised 2020.
    5. Renée Fry-McKibbin & Rodrigo da Silva Souza, 2018. "Chinese resource demand or commodity price shocks: Macroeconomic effects for an emerging market economy," CAMA Working Papers 2018-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    6. Andersen, Thomas Barnebeck & Barslund, Mikkel & Hansen, Casper Worm & Harr, Thomas & Jensen, Peter Sandholt, 2014. "How much did China's WTO accession increase economic growth in resource-rich countries?," China Economic Review, Elsevier, vol. 30(C), pages 16-26.
    7. Ellis Connolly & Jarkko Jääskelä & Michelle van der Merwe, 2013. "The Performance of Resource-exporting Economies," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 19-30, September.
    8. Bielschowsky, Ricardo & da Rocha, Felipe Freitas, 2018. "China’s quest for natural resources in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    9. Barnebeck Andersen,Thomas & Barslund, Mikkel & Worm Hansen, Casper & Harr, Thomas & Sandholt Jensen, Peter, 2013. "How much did China�s WTO accession increase economic growth in resource-rich countries?," CEPS Papers 8471, Centre for European Policy Studies.

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    More about this item

    Keywords

    China; commodity markets; economic development;
    All these keywords.

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)

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