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China measures to support economy good for ASX miners

THE pledging by China to support economic growth has underpinned Metals & Mining closing in positive territory on the ASX 200.

Michael Quinn
China measures to support economy good for ASX miners

The strategy by China comes as a property market downturn negatively impacts the economy. Iron ore in Singapore jumped to US$113/t while base metal futures were up. However, the natural corollary...

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