http://www.smh.com.au/business/warning-of-bubble-in-iron-ore-2011...

http://www.smh.com.au/business/warning-of-bubble-in-iron-ore-20110523-1f0uu.html

China says iron ore price to fall in coming years...

Why do I get the feeling that China just make stuff up as they go along.... its like last years when they said they found the worlds largest iron ore deposit in their own backyard - conveniently in the same month they were negotiating Iron Ore Prices....never heard any more about that'huge find'....

I particularly like the last sentence of this report:


"China has been encouraging state-owned steelmakers to invest in overseas resources to cut their dependence on the three miners."