02047cas a2200241 a 4500 AALejournalIMF007142 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455226023 1018-5941 BD-DhAAL BD-DhAAL Yu, Yongzhen. Identifying the Linkages between Major Mining Commodity Prices and China's Economic Growth-Implications for Latin America / Yongzhen Yu. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key driver in the strong world demand for minerals and metals over the past decade. The urbanization and industrialization of China has been an important factor behind the increase in domestic demand and high investment growth, while its export sector is also an important source of growth and plays a critical role as a catalyst. Activity in infrastructure, construction, real estate, and automobile manufacturing all contribute to the strong demand for minerals. Over the next five years, the Chinese demand is expected to remain strong, supported by investment and gradually rising consumption rates. However, in the second part of this decade economic growth in China could slow down. For Latin American countries, export receipts should remain strong over the next five years and beyond, given the continued strong demand from China. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2011/086 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/086/001.2011.issue-086-en.xml IMF e-Library