China: Steel tricks
September 10, 2012
This is a very short piece from Simon Hunt. I am hearing similar stories from numerous sources. This suggests real trouble coming in Chinese finance, as it is more about a mindset that pervades an entire system than it is about steel or copper. Bubbles are the same everywhere and involve mania.
Download - 2454_Thought_for_the_Day_-_China_More_on_Steel.pdf