china cut back, page-29

Not sure that demand will slacken at all as Chinese growth is still significant (and world growth was expected to be around 3%),but rather be diverted where possible to sources that haven't applied extra pressure to the price structure set earlier in the year.
BHP/RIO and most of all Vale are guilty of irritating the Chinese on this front.
So,it may well transpire that sources of IO in Oz which have or will have a Chinese interest will in fact do OK in the long run.
Will be interesting to see how the WA government responds to the changing scenery .
Disappointed with the SP but still got more last week.