New China Slowdown Blow For BHP Billiton plc And Rio Tinto plc

The big mining behemoths BHP Billiton (LSE: BLT) and Rio Tinto (LSE: RIO) need commodity prices to rebound if their share prices are ever going to make positive progress again — let alone just to shore up the cashflow they need to pay dividends. But unfortunately China still seems to be slowing, which would only seem to point to an ongoing stagnation in demand.

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Owain Bennallack owns shares in BHP Billiton. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.