Has the Chinese Property Bubble finally popped?

This can't be good for the Australian mining industry, economy and Aussie dollar as a large % of our mineral exports to China facilitated their construction boom, particularly iron ore, copper and bauxite. What a brilliant time to introduce a carbon based life form tax. The only silver lining I can see is that reduced future base metal mining will reduce the amount of silver mined, further reducing dwindling silver stockpiles (over 70% of silver mined is produced as a by-product of base metal mining).

By NTDTV on Dec 5, 2011