China is the world's largest consumer of copper ore and iron ore. ANBOUND think tank scholars stated that the sources of demand for bulk commodities are mainly from emerging markets, however global capital is being withdrawn from emerging markets in line with the US’ gradual QE withdrawal. Under this circumstance, the future of bulk commodity market is less promising. In the midst of capital withdrawal from emerging markets, China is the only country capable of injecting confidence to investors. Therefore, the short-term fluctuation in bulk commodity market to a large extent will be affected by China.