I agree, this China slowdown rumor is a load of crap. All the factories that got moved out of Beijing are starting up with increased production capacity after the Olympics. For example Shougang will be starting up its Caofeidian Iron and Steel plant shortly and producing 10 times as much product and eating 10 times as much iron ore. China dont know the meaning of the word "slowdown"...
Guess what? BHP and RIO back up again in UK.
dieharder, page-35
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$44.74 |
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