How does anyone make a rational decision when you look on Australian news and it’s all and every article is about CR. I can’t even read Australian reporting at the moment because I can’t get an informative opinion. Australian reporters should be ashamed if this is the pinnacle of their reporting careers haha. Australia is an exporting minerals country. China is a biggest trade ornate by more than an arms length. Statistics are out ladies and gentlemen China’s total imports for January/February only dropped 4%. If we were a financial hub like the UK I would be concerned. Oil has been on the decline for the past couple of years, this isn’t new. More and more alternates to oil are in the rise and just because a cartel of oil produces can’t agree how they are going to price fix the worlds oil market doesn’t work people again hit the oil button.
China is the biggest producer and consumer of EV and battery related products. Do the math.
Bad time to release back into trade but it is what it is.
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