When will the Iron Ore bubble burst?
Nothing will change between Mongolia and mainland China, China has been pillaging that area at the same rate for years and they really despise each other. My brother’s first wife was a Mongolian whose family forcefully migrated to Hong Kong when it was under the British rule.
They could snuggle up to Russia but unreliable, poorer quality IO, logistical problems, political problems and more game-playing, if it was a good option they would have already done it on a bigger scale and bypassed Australia’s IO altogether one would think.
China doesn’t have the power that people think it does, ask yourself who is the biggest consumer of their products, the world isn’t going to end if the Western world stops buying cheap Chinese junk that ends up in landfills 9 times out of 10. If it’s not careful it will end up into another Japan.
