Salient to Investors:
Christopher Kent at Reserve Bank of Australia said:
- China’s demand for commodities will grow strongly for some time, and the slower pace still represents a large quantity of new demand.
- The resource investment boom will crest this year.
- A broad range of indicators indicate that China’s growth has stabilized and will improve through half of 2012 (sic.).
- Commodity prices will gradually decline over the next few years.
Analysts expect China GDP to rise to 8.1 percent in Q1 2013.
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