Yawn. No, Chinese property is not recovering

Wednesday 10 September 2025

Ferrous madness continues as steel margins collapse.

Scuttlbutt is nonsense.

Miner Rio Tinto could be forced to build refiners for the Simandou ore in Guinea, Australia’s Financial Review reported on Sunday.

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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.