Bloxham: China's Economic Transition Evident in Data

The video discusses the current state of economic growth in Asia, focusing on China's slowdown and its transition from a construction-led to a services-led economy. It highlights recent reforms in China's commodity sector, including reductions in high-cost production of iron ore, copper, zinc, and aluminum. The video also examines the broader trends of commodity deflation and supply-side corrections, with examples from US shale oil production and metal markets. Overall, it suggests that commodity prices may have passed their lowest point earlier this year.

What is the current trend in China's economic growth?

• It is accelerating rapidly.

• It is slowing down.

• It remains unchanged.

• It is unpredictable.

What transition is China attempting in its economy?

• From a services-led to a construction-led economy.

• From a technology-led to an agriculture-led economy.

• From a construction-led to a services-led economy.

• From an agriculture-led to a technology-led economy.

Which commodity production has China reduced as part of its reforms?

• Natural gas

• Silver

• High-cost iron ore

• Gold

What is a sign of correction in the commodity market?

• Rise in gold prices

• Stability in agricultural prices

• Decrease in metal prices

• Increase in US shale production

What has lifted the oil price recently?

• New oil reserves in Africa

• Decrease in global oil consumption

• US shale production

• Increased demand in Europe