Description: When Japanese mineral traders learned in late September that China was blocking shipments of a vital commodity, the word came not from a government announcement but from dock workers in Shanghai.
Source:Â NYTimes.com
Date: 10/29/2010
Link: http://www.nytimes.com/2010/10/30/business/global/30rare.html?ref=business
Questions for discussion:
- Summarize the reasons given for the actions by China?
- How do you think this scenario with play out in terms of commodity prices, mining activities, and investing strategies in the firms involved?
- How do you think this will impact currencies?
Leave a Reply