11.06.2013 - Why miners must watch out as China’s middle class turns to shopping

With miners the worst performers out of any sector in the FTSE 100 this year, you would expect last week’s annual mining shindig at Lord’s cricket ground in London would be a gloomy affair. This was not the case. An air of optimism was breathed into the room by the new head of the world’s largest miner, but it seems clear that looming changes in China will result in a paradigm shift in the mining industry...............................................Full Article: Source

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