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Real Assets

China’s Credit Tightening Will Ultimately Hit Iron Ore

by hellenicshippingnews.com posted 1year ago 221 views
Depending on your perspective, China’s latest credit data either provides further evidence of runaway loan growth or proves that an orderly deleveraging process is underway. It’s the ‘choose your own adventure’ for China’s economy and whichever way the story falls over coming months will determine how Australia’s May budget is framed. Either way, the longer ...