A “wintry period”. That’s what’s expected to happen to Australia’s economy “when” China stops or reduces its imports of Australia’s iron ore, according to Chen Hong, the director of the Australian Studies Centre at East China Normal University. Despite the frosty relationship between China and Australia that has led to trade restrictions imposed on several …
The post ‘Wishful thinking’: Why China needs Australian iron ore for ‘many years’ to come first appeared on Hellenic Shipping News Worldwide