Business
Russell: China goes from driver to brake for crude oil, iron ore and copper – MINING.COM – MINING.com
China has switched from driving global demand for major commodities to being a drag on growth.
The exception to the trend was coal, but the sharp gain in July’s imports of the polluting fuel are more a result of China having to go the seaborne market because of domestic policies that curbed local output.
China, the world’s biggest importer of crude…
Continue Reading