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Westpac, in conjunction with the Australian Government Department of Industry and Science, has released the China Resources Quarterly, which seeks to explain developments in the Chinese economy, with particular focus on its demand for resources.
The report highlights China’s weakening growth trajectory, brought about by deteriorating domestic demand, which has intersected with increasing Australian commodity supplies, causing the prices of key commodities to fall.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.