MNB minbos resources limited

where to from here?, page-8

  1. 4,922 Posts.
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    Did you read the article in West Aussie?

    http://www.theaustralian.com.au/business/mining-energy/bhp-ceo-says-commodity-prices-will-not-reach-reach-record-levels-again/story-e6frg9df-1226497784024

    “While this is a lower level than China’s annual growth of around 10 per cent over the past decade, clearly a significant opportunity remains as China moves from an investment-led to a consumption-led economy.”

    So Marius is saying that the Chinese houses have been built and it is now time for all of the Chinese to consume.

    This is the quote from West Aussie .. I can not find it online.

    "The next 10 years would see the Chinese Economy mature into consumer driven growth, with counter-cyclical commodities such as oil and fertiliser products likely to benefit from the shift"
 
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