Ending Australia’s ore-inspired Chinese boom?
Enjoy it while it lasts. The Australian economy has been carried through the Covid-19 disaster so far by the 2019-20 highest-ever $101 billion wave of iron ore flowing to China. But beware; this wave may eventually turn out to be a dumper, leaving an over-resourced industry and an economically shrunken major customer being supplied more from Africa than Australia.
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