• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Market Market
    Market News
    Market Stocks
    • Market Market
    • Market News
    • Market Stocks
    market news

    Chinese economy: Post-Olympic recovery

    Melissa Pistilli
    Sep. 04, 2008 06:49AM PST
    Market News

    Iron Investing News reports demand for steel in summer was down due to heat, heavy rainfall and the Olympics in China. Many analysts believe the recent drop in the Chinese steel market is indicative of slowing economic growth and the end of the commodities boom, which could spell trouble for raw material companies like Rio …

    Iron Investing News reports demand for steel in summer was down due to heat, heavy rainfall and the Olympics in China.

    Many analysts believe the recent drop in the Chinese steel market is indicative of slowing economic growth and the end of the commodities boom, which could spell trouble for raw material companies like Rio Tinto. However, Rio, the world’s second-largest mining group, is confident that the Chinese economy will pick up after the “Olympic hangover” wears off.  ”We do not see a country-wide slowdown and expect the Chinese economy to pick up post-Olympics,” says Rio Tinto’s CEO Tom Albanese.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

     

    chinamarket news
    The Conversation (0)

    Go Deeper

    AI Powered

    China Stocks: Baoshan Iron, China Construction, ICBC, Vanke

    Waning chinese growth affects iron prices

    Latest News

    Apple unveils new 14-inch MacBook Pro powered by the M5 chip, delivering the next big leap in AI for the Mac

    Apple unleashes M5, the next big leap in AI performance for Apple silicon

    Apple Vision Pro upgraded with the powerful M5 chip and comfortable Dual Knit Band

    Apple introduces the powerful new iPad Pro with the M5 chip

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES