Chinese Buyers are "falling" out of the proverbial sky!Here's...

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