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China propping up global growth: BMO

It will be the third quarter before the world sees any meaningful ex-China recovery following COVID-19 disruptions, according to BMO Capital Markets managing director and commodities analyst Colin Hamilton.

China propping up global growth: BMO China propping up global growth: BMO China propping up global growth: BMO China propping up global growth: BMO China propping up global growth: BMO

WA-based Fortescue Metals Group reported record year-to-date iron ore shipments of 130.9Mt for the nine months to March 31

Once again, "we're heavily reliant on the Chinese market to prop up global growth at the current time," he said in a podcast presented as part of Singapore Stock Exchange's Commodities Unplugged