There is a indicate of economic signal:
the devaluation trend of China's currency has emerged.
Credit squeeze could turn a slowdown into a hard landing
“On Friday, Rudd was unequivocal of the potential fallout of the end of the 'China resources boom'.
'This will have a dramatic effect on our terms of trade, a dramatic effect on living standards in the country, a dramatic effect potentially on employment.'
If things in China get worse than expected, Australia will be ill-prepared”
(http://www.theage.com.au/business/chinas-banks-tread-fine-line-in-chase-for-growth-20130628-2p2r0.html#ixzz2XYaFZ1Sp)
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if this may not be able to avoid the devaluation of China's currency, the price of China's RE FOB will be lower.
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