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Why China can't grow without Australian iron ore

Why China can't grow without Australian iron ore

Worried that China might soon stop buying Australian iron ore? Experts reckon the Asian giant couldn't kick the habit by 2030 if it tried.

China's campaign of trade pressure faces its biggest test in the red dirt of Western Australia's Pilbara region. Bloomberg

Peter KerResources reporter

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A seven-year high in iron ore prices has lifted the fog of Australia's escalating diplomatic and trade war with China.

Having made easy hits by shunning Australian supply of commodities it can buy elsewhere, China's campaign of trade pressure faces its biggest test in the red dirt of Western Australia's Pilbara region.

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Peter Ker
Peter KerResources reporterPeter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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Original URL: https://www.afr.com/companies/mining/why-china-can-t-grow-without-australian-iron-ore-20201204-p56knl