Tag Archives: Chinese economic slowdown

BHP says price to stay below $100 for foreseeable future

Michael Sainsbury Australia’s BHP Billiton, one of the world’s biggest mining companies, expects the price of iron ore to stay below $100 per metric ton for the foreseeable future, following a fall of nearly 50% this year. Two top executives from BHP Billiton, Jimmy Wilson, president of iron ore at left, and Mike Henry, president

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China’s flailing economy journeys into the unknown

  Michael Sainsbury China’s economy is moving closer to a possible dramatic tipping point as growth continues to slow and overall domestic confidence appears to be sapping. Official figures released today reckon that the economy grew 7.4 per cent on a yearly basis, the slowest pace since 2012 and down from 7.7% last quarter but

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