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