Ann: Genmin signs offtake MoUs with Chinese parties, page-2

  1. 7,027 Posts.
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    Chinese Buyers are "falling" out of the proverbial sky!

    Here's possible explanations why?

    “Xi Jinping says China must be ‘self-sufficient’ in energy, food and minerals amid global challenges…”

    “Dependence on foreign iron ore has also drawn rising attention due to ongoing trade friction with Australia…”

    https://www.scmp.com/economy/china-economy/article/3159522/xi-jinping-says-china-must-be-self-sufficient-energy-food-and



    “China’s unambitious economic goal for 2022 sends an ominous signal to Australia…”


    “With its growth engine spluttering, China has adopted a rather unambitious goal for its economy in 2022. It is seeking “stability.” Ina potentially ominous signal to Australia’s iron ore miners and LNG producers, it is also seeking a “strategic baseline” to ensure self-sufficiency in energy, grains and minerals, with a “safety line” for imports that can’t be exceeded…”


    https://www.theage.com.au/business/the-economy/china-s-unambitious-economic-goal-for-2022-is-an-ominous-signal-for-australia-20211214-p59hb3.html

    Last edited by usc75: 15/12/21
 
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Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $22.18M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $14.65K 581.8K

Buyers (Bids)

No. Vol. Price($)
3 745643 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 148000 1
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