Lean times for commodities
Analysts have been saying for several years now that moderating growth in China will affect demand for commodities. The spin-off of BHP Billiton’s non-core assets into a separate company is the clearest signal yet that the years of China-led growth have come to an end. The proposed demerger will see these non-core assets with an estimated value of US$13bil (RM41bil) in a new listing.
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