Forum: Traders Hideout
September 16th, 2012, 09:05 PM
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Replies: 1
Views: 857
Ghost warehouse stocks haunt China's steel sector
SHANGHAI (Reuters) - Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery: the metal was never in the...
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Forum: Traders Hideout
September 16th, 2012, 08:53 PM
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Replies: 1
Views: 857
The End of China's Easy Growth
Caixin magazine reports - with disbelief - that the wish-list for industrial parks and mega-projects unveiled by all echelons of the Chinese system has reached 15 trillion yuan by some estimates.
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