One of the most underreported developments in China

James Marlay

Livewire Markets

I caught up with Steen Jakobsen who is the Chief Economist at Saxo Bank last week during his visit to Australia. It was was refreshing to hear some upbeat commentary on China, specifically around reform initiatives to rekindle demand for commodities in the region. Whilst in the short term he expects there to be further negative data points, he says the reforms being undertaken under what is labeled ‘The New Silk Road’ will see a revatilised demand for commodities, not just in China, but also through Eurasia. I asked Steen to provide a brief explanation which you can watch here or you can read his recent article titled “Asia blues: the new Silk Road” which is available here: (VIEW LINK)


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