Friday, April 22, 2016

How Iron Ore Markets Reveal China's Mercantilist Approach To Trade

Hellenic Shipping News Worldwide

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China’s approach to trade is not quite so ‘win win’ as their public diplomacy suggests. While Brazil still has much to gain from the upside of a future buoyant ore market, they also have much to lose from the downside. China, on the other hand, has insulated itself from the downside under normal market conditions, but at the same time demonstrated a willingness to play hardball in pursuit of absolute gains from trade.

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