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BHP BHP Group Limited

43.08
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
BHP Group Limited ASX:BHP Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 43.08 47.00 40.00 0.00 23:12:11

BHP CEO: Larger Investment Projects Hit by Slower Government Decision Making in China

25/08/2015 12:51pm

Dow Jones News


BHP (ASX:BHP)
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By Alex MacDonald

 

LONDON--China's crackdown on corruption may have led to a slowdown in decision making on large investment projects within the county, BHP Billiton Ltd's (BBL) chief executive said Tuesday.

Andrew Mackenzie wouldn't be drawn on how much this could have impacted China's growth in the first half of the year but he said that the government is making the right decisions to ensure quicker but considered decision-making aimed at improving economic growth in the future.

The head of the Anglo-Australian mining giant told journalists at a briefing in London that he expects the Chinese economy to grow at a faster clip in the second half of the year than in the first half and to grow 7% this year.

 

Write to Alex MacDonald at alex.macDonald@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

August 25, 2015 07:36 ET (11:36 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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