Mining exports exceeded 6 billion dollars: China's effect on growth

Mining product exports rose 19.8% year-on-year to nearly $6.1 billion in the January-October period, with a roughly $621 million increase in shipments to China—the sector's largest market—accounting for the bulk of the growth. The figures underscore the sector's heavy reliance on Chinese demand to drive export expansion. What to watch next is whether shipments to China hold up through the remainder of the year, given that the concentration of growth in a single market leaves the export trend exposed to any shift in Chinese demand.