Fortescue

China has caught a cold, so mining bosses are sneezing

China has caught a cold, so mining bosses are sneezing

3 mins. to read

Mining in Chaos Over China’s Currency Move China’s unexpected decision to trim the country’s official exchange rate twice in the last two days has sent shockwaves through the global economy, but one sector that is really grappling with the announcement is the world’s mining press. The policy move, which cut the value of the renminbi…

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