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Unnerving events in China

For BHP, which is scheduled to release its annual results next week, China’s crackdown on its business community could not be happening at a worse time, with management having to explain that the good news of sky-high profits from iron ore are unlikely to be repeated.

Unnerving events in China Unnerving events in China Unnerving events in China Unnerving events in China Unnerving events in China

Cracks in the iron ore market, which first appeared last month, have widened alarmingly with the price of the steel-making material, which is critical to BHP, Vale, Rio Tinto and Fortescue Metals,