It seems situation in China is much worse than initially thought;
Read Bloomberg article dated 08 Oct 2021 below;
https://www.bloomberg.com/news/articles/2021-10-07/china-s-energy-crisis-envelops-an-already-slowing-global-economy?srnd=premium-asia
Chinese stock market is on a week long holiday, so no body knows what's happening behind the scene. However, things are not looking goods and what happens to iron ore and other commodities yet to be seen.
DYOR
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