Tag Archives: Blow to miners

Andy Xie: Caution in China a Blow to Miners

Andy Xie, renowned Chinese economist, shared his insights on Australian iron ore market in an interview done by Will Glasgow and Ayesha de Kretser for The Australian Financial Review. Andy forecasts that prices for the iron ore commodity will drop from $US150 a tonne to below $US60 a tonne, and that is because of China’s plan […]