ADELAIDE, Australia—The chief executive of mining giant BHP Group took a cautious tone on China as latest data stoked concerns about the fragility of the economic recovery there, but said demand for commodities including iron ore and copper is robust.

“There have been some green shoots over the past couple of months, but also some things that clearly aren’t progressing as quickly as some would hope for,” Mike Henry told reporters Wednesday, referring to China’s economy. “So the jury is still out a little bit in terms of how quickly things recover.”

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link