you are right ..the MEDIA is sending a FAKE message to markets ..re CHINA imports .
the TRUTH is ; Iron ore imports increased to the highest level this year to near a record
http://www.bloomberg.com/news/artic...slump-for-11th-month-export-decline-moderates
Crude imports rose from a three-month low as the world’s second-largest consumersought bargain barrels for its reserves. Iron ore imports increased to the highest level this year to near a record.
The drop in import values may be more of a reflection of lower commodity prices than a weaker economy because growth in volumes was comparable to the same time last year, said Zhu Qibing, a Beijing-based analyst at China Minzu Securities Co.
Iron Ore Price, page-2412
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