Industry
China infrastructure and property building boom ends, raising questions over commodities supercycle
An analysis said long-held views of China’s large-scale infrastructure and property construction demand as a permanent growth engine are no longer valid, as demand structurally slows. China still accounts for about half of global steel and cement consumption, but its property and infrastructure-led model is seen in decline. The report said emerging markets, including India, are unlikely to absorb the same scale of demand, and it flagged broader impacts across coal, iron ore, shipping and construction equipment.
