Dry bulk watches Evergrande liquidation after 16.5% drop in real estate investment
China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials like iron ore, coking coal, wood, and cement. Overall, the Chinese economy is a significant driver of dry bulk and more than 35% of dry bulk volumes are destined for China.
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Posted:
31 January 2024
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