It makes you wonder how big everyones egos are at this point.
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Iron ore no exception in twisted China-Australia trade
There has been intense coverage addressing deteriorating ties between China and Australia and falling bilateral trade, with a growing list of Australian products - ranging from barley, to timber, lobster and beef - facing the so-called "sanctions" from China.
It is wishful thinking that iron ore could be an exception in ongoing China-Australia trade rows
https://www.globaltimes.cn/content/1209641.shtml
if iron ore is on the table dairy is really on the table as iron ore is needed by china more than dairy
some comments a few months back that Aus ore is valued by china due to grades.
imagine if it goes under 10. not a chance .....
global times is considered by some a mouthpiece of the chinese govt. need to remember this stoush is about more than trade its about control of the pacific under china rule. so everything is on the table
Global Times is of course the mouth piece of the CCP.
Guess Brazil will be rubbing its hands in glee at the prospect of replacing Australia as the biggest supply of iron ore to China?
Realistically, iron ore will be the last product to be hit by China but knowing the way China very successfully fought the trade war with the US, it will be busy setting up alternative supply lines while maintaining Oz supply in the meantime.
China did the same with coal and now gets a big chunk of its needs from Indonesia.
In this news article, if new Zealand is leading this Asia-Pacific Trade and Xi is asking to join then there won't be disregard to New zealand A2M.
Fran O'Sullivan: China's sudden interest in Asia-Pacific trade pact chance for Jacinda Ardern to lead
Prime Minister Jacinda Ardern has been surprisingly quiescent when it comes to welcoming Xi Jinping's outright interest in China joining the Asia-Pacific's most sophisticated regional trade pact.
The Chinese President surprised Apec-watchers when he...
Chinese like to diversify:
https://asia.nikkei.com/Spotlight/Ca...iron-ore-field
They soon might break the grip of the Australian bully ...
Last call ..or, you will miss the A2M board....:D
I think we will be floating here @ $14 for awhile longer. I hope to be proven wrong but with things escalating further and a large majority of investors on the Asx, I doubt the price will shift until A2M make an announcement.