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Goldman Sachs recently raised its profit forecast for these and similar firms, predicting that "China will remain a powerful driver of global demand growth for many commodities in 2004 and beyond".True, not everyone is happy.
IMF figures show that Asia, not America, has been the main driver of global demand, powering the world economy through its fastest five-year period of growth since the early 1970s.
Second, with China such an influential driver of global demand (both directly and indirectly through important network effects), the outlook for the world's second-largest economy has a disproportionate impact on projections of global corporate revenues.
When the government succeeds in further unleashing personal spending, a paradigm shift that has just begun, the PRC will become an even more fundamental driver of global demand.
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Meanwhile the oil appetite of the growing Chinese economy, the principal driver in the recovery of global demand in recent years, is running at 10 percent higher than a year ago, or 9.5 million barrels a day.
The drivers for broad marketing of the "vector products" in these two pandemics were 1) promotion and growth of global demand for beef and animal feed and 2) promotion and growth of global demand for human anticoagulant factors for medical treatment.
A rebalancing of global demand toward the dynamic emerging markets.
The Royal Mint meets about 15% of global demand for coins.
Perceptions of global demand must be better informed by accurate estimates of actual country-level demand.
Vietnam has joined China, its northern neighbor, as a central driver of soaring global demand for rhinoceros horn, according to wildlife experts and law enforcement agents.
With the United States producing more and importing less, the driver of global oil demand is quickly shifting to China, which has accounted for more than half of the global demand growth since 2008.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com