#BHPBilliton: BHP Billiton expects China’s growth to “drift down” in coming years
“That 7 percent growth is always going to drift down once they complete the investment phase and they will … require less and less new metals and steel in our case as they become more focused on the services and consumption-based economy,” Mackenzie told reporters, referring to consensus forecasts for Chinese GDP.
Read more at: http://www.reuters.com/article/2015/08/25/bhp-billiton-results-china-idUSL5N1104ME20150825
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