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Fortescue is an unashamed bull in the China shop – The Australian Financial Review

CEO Elizabeth Gaines is emphatic about the need for good trade relations with China. The miner’s cash bonanza underscores why.

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The iron ore miner is a paradox among the evolving narrative about China. It is arguably the most exposed to China, but it is also absolutely cashing in on what Ms Gaines described as a “remarkable” recovery in the world’s second-largest economy.
The differing fortunes of Fortescue Metals Group and Treasury Wine Estates provide a salutary lesson for investors eager to play the China theme.
The rough-housing of Treasury shares shows the vulnerability of business-to-consumer businesses selling i…

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