Though fears of Chinese credit tightening are widespread, Vale (VALE +4.1%) CEO Murilo Ferreria...

|About: Vale S.A. (VALE)|By:, SA News Editor

Though fears of Chinese credit tightening are widespread, Vale (VALE +4.1%) CEO Murilo Ferreria claims the iron-ore mining giant's Chinese customers have better  credit access than they did earlier in the year, albeit while cautioning the change is only slight. Worries about a Chinese demand slowdown have contributed to an autumn crash in prices of iron-ore, not to mention other commodities.