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China’s Import Dilemma
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China’s Import Dilemma

Our Correspondent
Mar 25, 2014
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China’s Import Dilemma
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China has suddenly found itself buying a third of the world’s iron ore at prices far below those of its domestic producers although they can still make money. But if prices fall a lot further, they will make nonsense of attempts to reduce import reliance. Ore quality is also an issue. Should it seek to protect itself from over-reliance on foreign iron o…

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