Market Manipulation via Price Controls
The Australian iron ore mining company BHP earns more profit than the entire steel processing industry in China because the price for ore is set in USD through paper markets like Platts, instead of the open market.
https://arnaudbertrand.substack.com/p/china-and-australia-are-fighting
0
0
0.000
Congratulations @notable! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking