Photographer: Taylor Weidman/Bloomberg

Mongolia’s Epic Meltdown Won’t Be Reversed by a Commodity Revival

  • Government needs to upgrade laws, woo back skeptical investors
  • Oyu Tolgoi mine restart hasn’t yet delivered an economic jolt

The commodity super-cycle that peaked in 2011 powered Mongolia to world-beating growth. Then came the bust and China’s recent economic slowdown that’s pushed the land of Genghis Khan into an unprecedented economic crisis this summer.

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