China’s Looming Real Estate Crash Poses Threat to Commodity Suppliers
China’s booming real estate market is experiencing a severe downturn, putting global commodity supplies and suppliers at risk. With the Chinese economy heavily reliant on construction and infrastructure projects, the ripple effects of this crash are being felt around the world. As the world’s largest consumer of commodities, China’s reduced demand has already impacted commodity prices and threatens to disrupt global supply chains.