Steely resolve

China’s housing collapse has Aussie iron ore miners on edge. But they needn’t worry. Here’s why

China’s real estate market is in a deep freeze. House prices are falling. Banks aren’t lending. And developers are dropping like flies. The market capitalisation of Chinese real estate companies has fallen by 35% in the past year—a brutal indictment of the sector’s woes. Still, the slowdown doesn’t only have the Chinese worried; it’s got Aussies on edge…