Iron ore price, page-377

I want to make two factual corrections:

Firstly - the limit is not on bank withdrawal but any foreign (offshore) money outflow which logically includes foreign atm withdrawals.... this is not news though and it has been made very clear all foreign fund outflow is limited (cash outflow or foreign acquisitions). I am not currently aware of any restrictions on domestic cash withdrawal....

Second point - "china will not recover as fast as the west think it will" - recover? Recover from what? Recovery implies China was going through some sort of recession? China is slowing down on GROWTH ie from 6.7/6.8 to 6.5%. They are slowing down on the rate of GROWTH not recovery from negative growth. and i dont think china has said that they will go back to the 10% growth rate era again....

Sorry I am a really precise person so I wanted to clarify on some of the factual points.

There has always been China bulls and China bears, US bulls and US bears for as long as I could remember.... I mean the whole reason Trump got elected is because there are some serious unhappy undercurrent in the US .... in the end of the day they are still the world's largest two economies - democracy vs one party-rule clearly each has its advantages and disadvantages especially when it comes to the ability to implement policies.

Happy friday everyone!