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.

How is China's economic growth transitioning from construction to services?

What are the signs of reform observed in China's commodity production?

What impact has the pullback in Chinese production of high-cost commodities had on the market?

What does the term 'commodity deflation' refer to in the context of this discussion?

What are the implications of the low levels of commodity prices observed earlier this year?