TOKYO -- China's crude oil imports fell for the first time in two decades in 2021, a sign that "the world's factory" is undergoing a fundamental shift that will have repercussions on commodity markets around the world.
Commodities
China's carbon-cutting push augurs big shift in global commodities
Oil imports by 'world's factory' see 1st drop in 20 years while steel exports shrink
Molten iron is poured into a container at a steel mill in Hefei, Anhui Province. China has imposed curbs to rein in steel overproduction. © Reuters
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