Key Points
- BHP’s CEO Mike Henry said he expects China’s property sector to rebound in the upcoming year on the back of favorable government policies.
- While acknowledging that the country’s property sector is a “weak point” for steel demand, Henry is optimistic about Chinese government measures announced recently.
- “The government has enacted policies recently that are meant to support the property sector… We expect that we could see a turnaround in the property sector in the year ahead,” Henry said.
