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China's property crisis to test demand for Aussie iron ore | The Business | ABC News

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BHP chief financial officer David Lamont expects Chinese demand for iron ore to plateau as China's economy slows. The deepening debt crisis in the property market remains a source of concern. BHP is looking to India to pick up much of the shortfall. BHP's net profit after tax is down 58 per cent to $12.9 billion USD. Shareholders will receive a final dividend of 80 US cents.
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