22.08.2016 - Commodities’ rebound is accelerating in China
China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building – emerging economies in Southeast Asia. Combined gross domestic product in the Asean-5 nations – Indonesia, Thailand, Malaysia, the Philippines and Vietnam – will rise about a third to $3tn in the five years to 2020, fuelling commodities-intensive infrastructure projects. Momentum like this across Asia will help maintain and increase commodity demand, BHP Billiton’s Chief Executive Officer Andrew Mackenzie said last week...............................................Full Article: Source
Print