The sum of all China fears

BHP Billiton's China warning comes as bank lending contractions, export woes and a property price crackdown signal the likelihood of steeper-than-expected economic slowdown.

Astute China watchers have long fretted that the Chinese government’s determination to push housing prices down could trigger a sharp slowdown in the world’s second largest economy.

Their worries appear to have been justified after mining giant BHP Billiton’s warning that Chinese demand for iron ore is likely to flatten out due to the cooling in the Chinese economy.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles