China's ghost towns spook mineral industry

• Autores: Siobhan Lismore-Scott
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 565, 2014 (Ejemplar dedicado a: Octubre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • "China has had one of the fastest credit booms in the developing world in the last few decades. Monetary factors and industrialisation have made China a massive force driving commodities - in 2012 the country consumed more than half of the world's steel," he said.

    Elsewhere, Hongbin Qu, chief economist China and co-head of Asian economic research at HSBC, said that he believes that the Chinese economy "still faces considerable downside risks to growth in the second half of the year, which warrant further policy easing to ensure a steady growth recovery." The decision has been met with support from the mining community and anger from protest groups which accuse the government of passing the "draconian" Bill "secretly".