That is the title of a very interesting video produced by the folks at Financial Times (FT). This video was just published on March 9th.
China has approximately one-quarter of the world’s population and it’s economy has grown rapidly for many years. In recent years there has been a significant slowing in that growth.
As you watch the video think about the following questions:
- What is the magnitude of the human migration that occurred in China?
- How much have the typical wages increased?
- In 2015, China consumed how much of the global demand for copper, nickel, thermal coal, aluminum and iron ore?
Things are changing in China and the impact is being felt around the globe.
How well do you understand the trading business?