MELBOURNE, Aug 22 (Reuters) - BHP Group (BHP) CEO Mike Henry...

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    MELBOURNE, Aug 22 (Reuters) - BHP Group (BHP) CEO Mike Henry said on Tuesday that BHP expected China's growth momentum to pick up towards the end of the year, as sectors including green infrastructure, infrastructure more broadly, automotive and housing completions remained "pretty strong".

    The miner acknowledged a lack of confidence in China's new housing starts and how Beijing's policy to support that sector was translating into real word demand, but that it expected momentum to improve.

    "We are expecting growth momentum to pick up in the back end of this year and into next year," Mike Henry told reporters on an earnings call.

 
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$39.25
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