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Australians who own shares in mining companies are most at risk from the possible collapse of Chinese property giant Evergrande.
Iron ore prices last week plunged below $US100 for the first time in 14 months amid fears China's Communist Party government would let Evergrande fail with debts of more than $400billion.
Since the end of July, the commodity used to make steel has halved from the $US200-a-tonne mark.
Online broker CommSec said uncertainty about Evergrande and China's cutbacks in steel production to meet climate change targets had caused iron ore prices to plummet.
Senior economist Ryan Felsman said this put Australians at particular risk if they had invested a lot in mining shares.
Australians who own shares in mining companies are most at risk from the possible collapse of Chinese property giant Evergrande (pictured are the headquarters in Shenzhen in southern China)
'Aussie investors are indirectly
