Chinese gross domestic product also expanded by a stronger-than-expected 3.2 per cent in the second quarter from a year earlier, a sharp reversal from a first quarter contraction of 6.8 per cent. Photo: Xinhua
Australia’s iron ore exports to China strong, but weak global demand indicates mixed coronavirus recovery
- Australian mining giant Rio Tinto reported a 3 per cent rise in total iron ore exports, largely due to stronger demand from China
- China requires more steel to help its push for more infrastructure construction, but recovery in demand from the likes of Japan and Europe has yet to begin
Chinese gross domestic product also expanded by a stronger-than-expected 3.2 per cent in the second quarter from a year earlier, a sharp reversal from a first quarter contraction of 6.8 per cent. Photo: Xinhua
