Iron ore levitates as China property crash deepens

David Llewellyn-Smith

Sunday 9 July 2023

There is no stopping the crash. Sales have now rolled bigly year-on-year.

Nor for floor area starts given funding remains shut for developers:

Infrastructure funding is falling away as well:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.