Bloomberg Watching the development of India, there’s often an assumption the country will follow China’s path. For commodity exports, China “is not the only game in town,” Australia’s resources minister Josh Frydenberg said in a speech last month, citing forecasts of India’s burgeoning demand for power, steel, and coal. Here’s one area where the two countries could scarcely be more ...

Bloomberg Just as Moody’s Investors Service warns of the strain on China’s finances of debt among state-owned enterprises, the companies are loading up on record overseas loans to buy assets around the world. China National Chemical Corp., or ChemChina, got $50 billion in such financing for its $43 billion purchase of Swiss pesticides producer Syngenta AG, including $35 billion that’s ...

Bloomberg Commodity demand will rebound and reverse a plunge in prices as Asia’s middle class swells and as India and China seek to raise energy imports, according to Australia’s resources minister. Gluts have been the major factor in the collapse in prices and they will ease with population growth and continued urbanization across the Asian region, Resources and Energy Minister ...