30.08.2016 - Southeast Asia to lead charge in commodities as China’s economy slows
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 US$3 trillion in the five years to 2020, fueling commodities-intensive infrastructure projects. Momentum like this across Asia will help maintain and increase commodity demand, BHP Billiton Ltd.’s Chief Executive Officer Andrew Mackenzie said this week...............................................Full Article: Source
Print