Mining giant BHP Billiton (BHP.NYSE, BLT.LON, BHP.ASX) top management is bullish about China’s economic future, The Wall Street Journal reported. Speaking at the company’s annual general meeting on Thursday, BHP’s chairman Jac Nasser and chief executive said the Asian powerhouse’s policy agenda is reassuring at a time when slowing manufacturing activity and weaker export orders are acting as a drag on growth. BHP expects China’s economy to expand by more than 7% next year and for some 250 million people to move to cities from the countryside by 2028, supporting commodity demand.
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