Chinese Demand for Australian Iron Ore High Even With Trade Tensions

HEADLINES & GLOBAL NEWS
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(Photo : https://www.gettyimages.com/detail/news-photo/prime-minister-tony-abbott-and-japanese-prime-minister-news-photo/451886050)
Japanese Prime Minister Shinzo Abe Visits Australia
PILBARA, AUSTRALIA - JULY 9: Prime Minister Tony Abbott (L) and Japanese Prime Minister Shinzo Abe during a tour of the Rio Tinto West Angelas iron ore mine in the Pilbara on July 9, 2014 in the Pilbara, West Australia. The Japanese Prime Minister is in Australia for three days and will sign a Economic Partnership Agreement with Australia. Japan is Australia's second biggest trading partner.
The Chinese demand for Australian iron ore is not affected by trade tension and remains unaffected. China's market for it is very profitable, with the highest prices in ten years.

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