China overtaking US in consuming world’s resources

From the Financial Express:

With it’s economy surging ahead, China is overtaking the United States in consuming the resources of the world, a research institute has claimed.

“Although the United States has long consumed the lion’s share of the world’s resources, this situation is changing fast as the Chinese economy surges ahead, overtaking the United States in the consumption of one resource after another,” Washington-based research institute Earth Policy Institute said in a statement Monday.

Among the basic food, energy, and industrial commodities — grain and meat, oil and coal, and steel — consumption in China has already eclipsed that of the United States in all but oil, institute president Lester R Brown said.

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